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 whoโs buying, whoโs selling, and why, with commercial context that matters to operators, F&B executives, and group-level decision-makers. Whether itโs 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.
-
Jan- 2024 -4 JanuaryNews
Todayโs news in brief – 04/01/24
Whitbread, owner of Premier Inn, has sold its 49% stake in healthy eating chain Pure, eight years after acquiring it for ยฃ6.8m. The companyโs sales doubled to ยฃ20m in 2022, bouncing back from the pandemic, despite pre-tax losses increasing from ยฃ3.45m in 2021 to ยฃ4.55m. Despite this, the company opened…
Read More » -
4 JanuaryRestaurants
Whitbread sells stake in Pure
Whitbread, owner of Premier Inn, has sold its 49% stake in healthy eating chain Pure, eight years after acquiring it for ยฃ6.8m. The company acquired the stake in the company which trades as Healthy Retail Limited in 2016 when it had eight restaurants. A spokesperson for Whitbread stated: โAs Pure…
Read More » -
Dec- 2023 -18 DecemberFood and Drink
Hackney Gelato secures ยฃ1.3m investment
Hackney Gelato has secured a ยฃ1.3m follow-on investment from venture capital trust Pembroke VCT to fuel global expansion. The new funding will support increased production, recruitment into the team and a consumer marketing drive. Hackney Gelato is also targeting an expansion into new international markets and further growth in the…
Read More » -
15 DecemberNews
Todayโs news in brief – 15/12/23
Some 61% of hospitality leaders plan to adopt new tech solutions in the coming year, CGA and Fourth have found. The study highlighted staff scheduling as a top benefit, recognized by 55% of leaders, followed by payroll and onboarding support. This investment is seen to enhance productivity (81%) and boost…
Read More » -
15 DecemberPubs and Bars
McManus Pub Company sells four pubs to Valiant Pub Co
McManus Pub Company has announced that it has sold four pubs in Northampton to Valiant Pub Co. The properties sold include The Lord Byron, The Fox and Hounds, The Golden Horse and The Foundrymans Arms. McManus has taken this decision to โreduce its liabilities and establish more solid foundations for…
Read More » -
4 DecemberAdvice
How to manage food waste and charitable giving
One-third of all food produced globally goes to waste; if food waste was a country, then it would be the third largest emitter of greenhouse gases in the world. In the UK, 70% of food waste occurs in the home, but the hospitality and retail sector still contribute a sizable…
Read More » -
Nov- 2023 -8 NovemberNews
Wetherspoon sales rise 9.5% in Q1
J D Wetherspoon has reported a LFL sales growth of 9.5% for the 14 weeks ended 5 November.ย Bar sales increased by 10.7%, food by 8.2% and slot machines by 10%. Hotel room sales for the group also increased by 6.2%. Total sales have increased by 8.1% in the year…
Read More » -
Oct- 2023 -6 OctoberNews
Wetherspoon revenues rise 10% to ยฃ1.9bn in FY23
JD Wetherspoon reported a 10.6% revenue increase to ยฃ1.9bn for the year ended on July 30 2023.ย Compared to FY19, like-for-like sales for the financial year increased by 7.4%. Bar sales increasedย by 2.1%, food sales by 13.7%, slot/fruit machine sales by 43.0% and hotel sales by 15.4%.ย ย Like-for-like sales,…
Read More » -
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…
Read More » -
Sep- 2023 -22 SeptemberNews
Todayโs news in brief – 22/09/23
Comptoir Libanais reported revenues of ยฃ14.8m for the six months ending 2 July, a 2.1% increase. However, adjusted EBITDA profits were down 73.7% from 2022 levels to ยฃ1m 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…
Read More »
