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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Apr- 2023 -5 AprilPubs and Bars
Stonegate losses narrow to £130m post-pandemic
Stonegate pub company has seen its pre-tax losses narrow to £130m for the year ended 25 September 2022, compared with a loss of £233m in 2021. The business, which owns Be At One and Slug & Lettuce brands, also posted revenues of £1.61bn, compared with £707m 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 McMullen’s. This is the fourth single site acquisition this year for Red Oak which back in February had already bought three pubs from Marston’s, 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 £23.5m in half-year results
Nightcap has revealed that its revenues grew 48.7% to £23.5m 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. Despite significant rail strikes being held across the UK, the group managed to increase its adjusted…
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8 MarchRestaurants
Nepalese restaurant The Gurkhas to open in London
A new Nepalese restaurant, The Gurkhas, is set to open in Great Portland Street London on 11 April. The restaurant will be owned by Shrabaneswor Rai who also runs the steak and sushi bar Hot Stone in Islington London. The Gurkhas is named after Nepal soldiers who have fought for…
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3 MarchRestaurants
El Mexicana chain bought out of administration
The Mexican restaurant brand, El Mexicana, has been bought out of administration by Cholco Consulting Limited, securing 92 jobs across its portfolio of restaurants. The brand, which was founded by John Coverley, who was previously head of convenience at Sainsbury’s and the creator of the Nosh coffee shop brand in…
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1 MarchPubs and Bars
2,000 pubs face closure without budget aid, industry warns
Some 2,000 pubs across the UK are facing closure, the British Beer and Pub Association (BBPA) has warned, as it urges the government to use the Spring Budget to offer a lifeline to the industry. The association has asked the government to deliver a plan for sustainable growth with “fair,…
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Feb- 2023 -21 FebruaryPubs and Bars
Dundas Heritable brings four pubs to market
Scottish licensed pub operator, Dundas Heritable, has put four of its public houses up for sale for undisclosed amounts through Christie and Co’s Scottish Hospitality team. The four businesses for sale, which include The Scarecrow in Kilsyth, The Viking in Glasgow, The Willow in Greenock, and The Boarding House in…
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10 FebruaryRestaurants
Gino D’Acampo’s Luciano restaurant sold to San Carlo Group
Gino D’Acampo’s restaurant Luciano, in Alderley Edge Cheshire, has been acquired by the San Carlo Group. The restaurant will close its doors on 14 February 2023, just one year after it opened. It will be closed for five weeks and then reopen under the San Carlo brand. The restaurant will…
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10 FebruaryRestaurants
Churches Mansion freehold brought to market for £1.85m
On behalf of a private client, Savills has brought restaurant Churches Mansion’s freehold to market for a guide price of £1.85m to be sold as a going concern. The restaurant, which is located in Nantwich, Cheshire, is a Grade I-listed detached, two storey Tudor building dating back to 1577. Churches…
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