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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Jun- 2023 -27 JuneNews
Chopstix refurbishes Peterborough site as part of capex programme
Chopstix has renovated its Peterborough site as part of its seven-figure capex programme to supplement its expanding footprint.ย Having reopened this month after a ยฃ100,000 refurbishment, the high street site on Long Causeway follows the redevelopment of several Chopstix equity stores in recent months including Oxford Street, Nottingham and Reading…
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23 JuneNews
Q Catering launches new online ordering system
Independent wholesaler Q Catering has launched a new online ordering system after increased customer demand. The company will be partnering with SwiftCloud on the new app-based system that will allow online shoppers to place orders at any time of day. The platform allows customers to create multiple saved shopping lists…
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22 JunePubs and Bars
High inflation impacting night time economy says NTIA
The Night Time Industries Association has said that high inflation is still impacting the night time economy and consumer spending. The trade association believes that despite the warm weather and three bank holidays last month operating costs and consumers tightening their belts have affected the sector. This comes after it…
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16 JuneNews
F1 Arcade announces expansion plans following ยฃ30m funding
F1 Arcade, the pioneering social hospitality concept and the first official Formula 1 simulator racing experience, has announced a successful ยฃ30m investment to fuel the next phase of international growth.ย Following the โresounding successโ of its flagship site in St. Pauls, London, which continues to surpass revenue expectations, F1 Arcade…
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15 JunePubs and Bars
Fullers sees 33% rise in revenues to ยฃ336.6m
Pub and hotel chain Fuller, Smith and Turner has reported a 33% rise in revenues to ยฃ336.6m in FY2023 compared with ยฃ253.8m in FY2022, according to its latest figures for the 53 weeks ended 1 April 2023. According to Fullerโs, who continues to recover from the pandemic, revenues increased despite…
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15 JuneNews
Costa Coffee and Wendyโs to open at Ram Jam Services
Costa Coffee and Wendyโs have recently signed up two new leases for retail space at Godwinโs newest roadside development Ram Jam Services.ย Costa Coffee has taken a 1,788 sq ft unit whilst Wendyโs, via its franchisee Blank Table Ltd, has signed up to 3,305 sq ft. These deals follow Godwinโs…
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15 JunePubs and Bars
Vaulkhard Group acquires two pubs amid ยฃ4.5m funding package
Newcastle-based leisure operators, Vaulkhard Group, has acquired two pubs after it secured a funding package of ยฃ4.5m from HSBC UK. The group, which owns a number of bars and pubs in the city, including Barluga, Redhouse and The Beehive, has acquired the Town Wall and Bridge Taverns in central Newcastle.ย …
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14 JuneNews
Everards turnover hits ยฃ31.4m in FY22
Leicestershire-based brewer and pub operator Everards has reported a turnover of ยฃ31.4m for the year ended September 2022.ย The 154 pub estate has recovered well since the end of the pandemic, with profit before tax of ยฃ2.7m and like-for-like profit growth to June 2023 of 6.3%.ย ย Everards said it continues…
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14 JuneTrade Associations
Hospitality can deliver ยฃ29bn economic boost with right support, says UKH
In the past six years hospitality has increased its annual economic contribution by ยฃ20bn to ยฃ93bn, according to a new report launched at UKHospitalityโs summer conference. It also showed that employment in the sector has risen to 3.5m, making hospitality the third largest employer in the country. The report, produced…
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12 JuneNews
Nightcap acquires Dirty Martini for ยฃ4.65m
Late night bar operator Nightcap has announced the acquisition of Dirty Martini cocktail bar chain and its restaurant Tuttons in Covent Garden for ยฃ4.65m.ย Dirty Martini experienced tough trading conditions over the last year, in line with the hospitality industry in general, including the negative consequences of train strikes, the…
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