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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Jan- 2023 -9 JanuaryRestaurants
Gino D’Acampo to open latest restaurant in Leeds Marriott
Celebrity chef Gino D’Acampo has revealed he is set to open a new upmarket Italian restaurant and bar at the recently refurbished Leeds Marriott Hotel – Gino D’Acampo, Trevelyan Sq, Boar Lane, Leeds. The project will see an investment of £1.5m in the building with the new venue to open…
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5 JanuaryCafes and Coffee Shops
Greggs sales surge 23% in FY22
Greggs has announced that its FY22 sales were £1.5bn, an increase of 23.0% compared with the equivalent period in 2021 (£1.2bn). During the 52-week period, like-for-like sales in company-managed shops were 17.8% higher than sales seen in 2021, with fourth quarter like-for-like sales in company-managed shops growing by 18.2%. It…
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Dec- 2022 -21 DecemberPubs and Bars
Drake and Morgan sees post-covid rebound as losses narrow to £1.4m
Restaurant and bar Drake and Morgan has revealed it has seen its losses narrow to £1.4m, down from a loss of £19m, in its results for the full year ended 27 March 2022. The company posted turnover of £35.9m compared with £5.2m last year and adjusted EBITDA profit of £5m…
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15 DecemberFood and Drink
The O2 Entertainment District welcomes four new F&B venues
The Entertainment District at The O2, which is owned and operated by Waterfront Limited Partnership, has announced four new additions to its F&B line-up. The destination welcomes two debut openings for Soukra and Trapdoor, as well as two signings for Haute Dolci and JD Wetherspoon. It said the new additions…
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13 DecemberPubs and Bars
Clays secures investment ahead of second site opening
Interactive clay shooting experience bar Clays has announced that it has received an investment from hospitality-focused fund Imbiba as it plans to open a second bar this month. Clays is an indoor interactive Clay shooting experience and bar, which officially opened its first venue in Moorgate in November 2021. In…
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7 DecemberPubs and Bars
M&B profits hit £240m in FY22
The operator of managed restaurants and pubs, Mitchells and Butlers, has achieved an adjusted operating profit of £240m for the 52 weeks ending 24 September 2022, compared to only £29m the previous financial year. M&B reports that its profits have “broadly” recovered to pre-pandemic levels, excluding the impact of energy…
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5 DecemberPubs and Bars
Cat and Wickets Pub Company acquires former Everards pub
Cat and Wickets, the pub company founded by cricketers Stuart Broad and Harry Gurney, has announced the acquisition of its second venue, The Griffin Inn in Swithland, from Everards brewery. News of the acquisition follows recent approval for an investment from Lee Cash, the founder of Peach Pubs, to purchase…
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2 DecemberFood and Drink
Burger & Sauce multi-unit franchisee opens new Derby site
Burger and Sauce multi-unit franchisee Subhan Munir has launched his third store, with the new site opening today at Derby’s retail and leisure destination, Derbion, creating 15 new jobs. The latest site is situated in the shopping centre’s food court, which is currently being refurbished with more than £2m investment. …
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2 DecemberPubs and Bars
Lane7 founder sells second Sedgefield pub to Trust Inns
Tim Wilks, the founder of Lane7, has completed the sale of his second Sedgefield pub, The Corner House, to the Lancashire-based pub company Trust Inns for an undisclosed amount. The sale follows Wilks’ decision to focus on his growing bowling alley chain, Lane7. It is reported that The Corner House,…
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Nov- 2022 -30 NovemberRestaurants
Azzurri Group revenues double in FY22
The Azzurri Group has seen total revenues rise by £119m to £235.9m in its full-year results, an increase of 101.8% against the prior year as the group rebounded from the pandemic. The increased sales helped boost profit before tax, which hit £2.7m in the year ended 26 June 2022, up…
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