Investment
Our coverage tracks financial activity shaping the UK foodservice and hospitality sector, from venture capital and private equity backing to corporate acquisitions, refinancing deals, and growth funding. Our reporting is focused on the operators, brands, and concepts attracting capital, and what that means for the wider industry. Whether you’re a restaurant group seeking funding, a pub chain monitoring market valuations, or a catering contractor analysing competitor growth, our investment coverage delivers intelligence that helps business leaders understand where money is flowing, and why. Expect deep dives, expert commentary, and deal-by-deal context, all tailored to the foodservice trade.
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Feb- 2024 -14 FebruaryNews
Todayโs news in brief – 14/02/24
Heston Blumenthal OBE has urged Companies House to act on the rise in fake restaurants, after the restaurateurโs business was targeted by fraudsters. According to an investigation, more than 750 fake firms used established names after being set up in the past six weeks. According to the celebrity chef, failing…
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14 FebruaryPubs and Bars
Hydes to invest millions in pub estate throughout the year
Hydes Brewery will be committing to a multi-million, seven-figure investment programme across its pub estate throughout the remainder of 2024.ย The independent business, which marked its 160th anniversary last year, will begin the investment programme with a refurbishment of its โaward-winningโ pub and boutique hotel, The Abel Heywood, based in…
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13 FebruaryFood and Drink
SSP secures 10-year contract with Liverpool John Lennon Airport
SSP Group has secured a new deal with Liverpool John Lennon Airport, which will see the operator of travel F&B outlets extend its operations at the airport until at least 2036.ย As part of the contract extension, SSP has announced that all of its existing units will be refurbished, rebranded…
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12 FebruaryPubs and Bars
Oakman Group sees sales rise to ยฃ57.8m
Oakman Group Plc has reported a 6% rise in sales from ยฃ54.4m to ยฃ57.8m and EBITDA of ยฃ1.8m for the financial year ending 2 July 2023. The group also recorded a โstrongโ end to the first half of financial year 2023/24 with sales over the Christmas trading period showing growth…
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12 FebruaryNews
Azzurri Group revenues hit ยฃ258m in FY23
Azzurri Group has reported a 9% revenue increase to ยฃ258m for FY23 which ended on 30 June.ย The group โ which owns Zizzi, Ask Italian and Coco di Mama โ reported โstrongโ trading performance by all brands, with increases in volume and spend per head. EBITDA was also up 21%…
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9 FebruaryNews
Todayโs news in brief – 09/02/24
Yum Brands total Q4 revenues rose 1% to $2.03bn (ยฃ1.6bn), as net incomes rose 24% to $463m (ยฃ367.3m) during the period ending December 2023. The news comes as the groupโs global operations of KFC, Pizza Hut and Taco Bell saw a 5% rise in sales โ driven by a 6%…
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9 FebruaryFood and Drink
Chopstix to open second Butlins site
Chopstix is opening its second site with Butlinโs with a launch at Butlinโs Minehead in time for February half term. The location is the brandโs fifth new site this year and continues Chopstixโs impressive growth trajectory, with strong franchise partners. The Chopstix site forms part of a broader ยฃ1.2m investment…
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8 FebruaryApps & Technology
UberEats revenues hit $17bn in Golden Quarter
Uber Technologies, which operates UberEats, revealed that delivery revenues increased 19% year-on-year to $17bn (ยฃ13.4bn) during the fourth quarter of 2023.ย According to the group, its total booking revenues increased by 22% year-on-year to $37.6bn (ยฃ29.8bn) during the same period. This led to revenues growth of 15% year-on-year to $9.9bn…
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2 FebruaryNews
Todayโs news in brief – 02/02/24
Urban Pubs and Barsโ EBITDA reached ยฃ6.4m for the financial year ended 30 April 2023, an improvement of 11% versus the prior year. The leisure group, which operates 42 pubs, bars and restaurants across London, revealed like-for-like sales were up 17% and turnover increased by almost 60% to ยฃ52.2m. UKH…
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2 FebruaryNews
Urban Pubs & Bars EBITDA hits ยฃ6.4m in FY23
Londonโs premium pub and dining group Urban Pubs and Bars has announced group EBITDA of ยฃ6.4m for the financial year ended April 30, 2023, an improvement of 11% versus the prior year. The leisure group, which operates 42 pubs, bars and restaurants across London, revealed like-for-like sales were up 17%…
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