Sold
We report on business sales and ownership changes across the UK foodservice and hospitality sector, including restaurant acquisitions, pub disposals, catering firm takeovers, and brand portfolio restructures. Our coverage captures who’s buying, who’s selling, and why, with commercial context that matters to operators, F&B executives, and group-level decision-makers. Whether it’s a strategic divestment, private equity deal, or local venue sale, we break down what the transaction means for market positioning, leadership, and operational continuity across the industry.
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Oct- 2023 -6 OctoberNews
Wetherspoon revenues rise 10% to £1.9bn in FY23
JD Wetherspoon reported a 10.6% revenue increase to £1.9bn for the year ended on July 30 2023. Compared to FY19, like-for-like sales for the financial year increased by 7.4%. Bar sales increased by 2.1%, food sales by 13.7%, slot/fruit machine sales by 43.0% and hotel sales by 15.4%. Like-for-like sales,…
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5 OctoberRestaurants
The Good Egg opens new restaurant in Camden
Middle Eastern-inspired restaurant, The Good Egg, has launched its new all-day dining restaurant in Camden. The new restaurant is located in Camden Stables Market and features a 70-cover restaurant (40 inside, 30 outside). Like its sister sites, the independent all-day restaurant will serve up dishes inspired by the flavours of…
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Sep- 2023 -22 SeptemberNews
Today’s news in brief – 22/09/23
Comptoir Libanais reported revenues of £14.8m for the six months ending 2 July, a 2.1% increase. However, adjusted EBITDA profits were down 73.7% from 2022 levels to £1m due to challenges in the trading environment. Like-for-like sales increased by 6%, with dine-in sales growing by 8.1%. Delivery sales declined in…
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22 SeptemberPubs and Bars
JD Wetherspoon puts new pubs up for sale
JD Wetherspoon has confirmed that it has put a further 11 pubs across England and Wales up for sale. CBRE and Savills have both been appointed to oversee the sales of the pubs which are mainly freehold properties with one leasehold property. The company has confirmed that all the pubs…
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20 SeptemberAdvice
Food allergies and the implications for caterers
Research published by Dr Hazel Gowland unveiled prosecutions for food allergen incidents increased almost tenfold over a period of six years, with peanut being the most common allergen involved, followed by milk and egg. Further research conducted by Shield Safety echoed Dr Gowland’s findings. Senior safety consultant, Vicky Wood, recently…
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Aug- 2023 -29 AugustNews
Heineken sells Russian business for €1
Heineken has sold its Russian beer business to Arnest Group for only €1 (£86p) a year after initially vowing to pull out of the country following the invasion of Ukraine. Arnest Group owns a major can packaging business and is the largest Russian manufacturer of cosmetics, household goods and metal…
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25 AugustBusiness
Subway sold to Roark Capital
Subway has announced that it has entered into a definitive agreement to be acquired by affiliates of private equity firm Roark Capital for an undisclosed sum. The company has branded this is a “major milestone” in the company’s transformation journey, combining Subway’s global presence and brand strength with Roark’s deep…
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18 AugustFeatures
In conversation with the founder of the Cornish Bakery
Can you tell us a little bit about your career leading up to the Cornish Bakery? I really didn’t have a big career, because from my early 20s I backpacked all over the world. I funded that travelling by buying and selling pub properties. I would do between two and…
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14 AugustPubs and Bars
Belmill Hotel acquired by Amber Taverns
The Belmill Hotel has been sold to national pub group, Amber Taverns, who is expanding its portfolio across the Scottish regions. The Belmill is situated in the Lanarkshire town of Bellshill, only ten miles from Glasgow city centre. The hotel, which received “significant” investment from its previous owners, Bozz Co…
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3 AugustNews
CAMRA urges PM to protect UK pubs
The Campaign for Real Ale (CAMRA) has called on the Prime Minister to protect UK pubs and clubs and secure their long-term future. Prime Minister Rishi Sunak recently visited the Great British Beer Festival, CAMRA’s flagship event, to meet key figures from the campaign, and talk with brewers, publicans and…
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