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.
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Jun- 2023 -16 JuneAnalysis
Can all restaurants profit from introducing vegan meals?
Many establishments renowned for their non-vegetarian cuisine are cutting down on their meat-based menu as they become more ecologically conscious and look for ways to reduce carbon emissions. Wahaca became one of the first major restaurant chains to remove steak from its menu as part of its sustainability initiative earlier…
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16 JuneRestaurants
Yo! Sushi owner sold to Japanese investor group for ยฃ485m
The Snowfox Group, owner of Yo! Sushi, has agreed a deal to be acquired by Japanese investor group Zensho Holdings for $621m (ยฃ485m). As a result of the agreement Mayfair Equity Partners will fully exit Snowfox after first investing in Yo! in 2015. The terms of transaction are to be…
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May- 2023 -10 MayNews
JD Wetherspoon on track for record year as Q3 sales rise by 9.1%
JD Wetherspoon has said it is on course for record sales this year as sales rose by 9.1% in the 13 weeks to 30 April 2023, compared to the same period in the last full financial year before the pandemic. It comes as sales reported in Easter week were the…
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Apr- 2023 -27 AprilRestaurants
Tapas Revolution sold in pre-pack deal
Tapas Revolutionโs group business and assets have been sold to Tapas Bidco in a pre-pack administration deal for ยฃ235k. Tapas Bidco is led by James Picton who is the former managing director of Tapas Revolution’s parent company Spanish Restaurant Group. Tapas Revolution appointed administrators from RG Insolvency on 5 April…
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25 AprilPubs and Bars
Kirkmichael Arms brought to market for ยฃ349k
The Kirkmichael Arms, a traditional country pub with an adjoining restaurant in South Ayrshire, has been brought to the market at offers over ยฃ349k. The cottage style property, which is contained over ground and attic floors, is of traditional construction and has been carefully developed and maintained by the current…
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17 AprilFeatures
Saving money and raising money: Life as a hotel restaurant
Tell me a little about the history of Northcote? Northcote was established in 1983 by myself and Nigel Haworth with local businessman John Wolstenholme. It was a six-bedroom property, development in 1992 changed it to a 14 bedroom hotel,in 2013 increased to 18 and in 2014 we became 26 rooms…
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5 AprilPubs and Bars
Stonegate losses narrow to ยฃ130m post-pandemic
Stonegate pub company has seen its pre-tax losses narrow to ยฃ130m for the year ended 25 September 2022, compared with a loss of ยฃ233m in 2021. The business, which owns Be At One and Slug & Lettuce brands, also posted revenues of ยฃ1.61bn, compared with ยฃ707m in 2021. Furthermore it…
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Mar- 2023 -28 MarchNews
Red Oak Taverns acquires new Waltham Abbey pub
Red Oak Taverns has completed a further pub acquisition, The Crown in Romeland, Waltham Abbey from brewer McMullenโs.ย ย This is the fourth single site acquisition this year for Red Oak which back in February had already bought three pubs from Marstonโs, two in the Midlands and one in the South…
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13 MarchFeatures
A growing pride: The takeover and expansion of Leon
Tell me a little bit about the history of Leon? Leon was founded in 2004 with the mission to make it easy for everybody to eat and live well. We created Naturally Fast Food and have always championed seasonal, Mediterranean-inspired and free-from food, and we were the first to display…
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13 MarchPubs and Bars
Nightcap revenues hit ยฃ23.5m in half-year results
Nightcap has revealed that its revenues grew 48.7% to ยฃ23.5m during its half-year ended 1 January 2023, as like-for-like revenues increased 4.7% for the second quarter of FY23 against the same period last year.ย Despite significant rail strikes being held across the UK, the group managed to increase its adjusted…
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