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- 2022 -3 OctoberRestaurants
Tortilla warns of £2.3m hit in FY22 amid inflationary pressures
Tortilla has warned that it faces future challenges from rising protein and energy prices, expecting to take a £2.3m hit in its full-year results amid increased inflationary pressures on the industry. For now, its revenue rose by 30% to £26.9m in the first half of FY22, up from £20.8m the…
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Sep- 2022 -30 SeptemberFood and Drink
Popeyes expands its UK presence with four more sites
Popeyes Louisiana Kitchen UK, has announced its next wave of UK restaurant openings, with in-line sites due to open in Derby, Leicester, Liverpool and Cambridge. The news follows the successful launch of its two latest sites, Gateshead and Oxford. Its Derby site will open to the public in late October,…
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Aug- 2022 -25 AugustPeople
Simon Bonwick joins as head chef of The Princess of Shoreditch
Michelin-starred chef Simon Bonwick has been appointed head chef at The Princess of Shoreditch in East London, taking over the kitchen from chef Ruth Hansom. Previously chef and patron at Michelin-starred The Crown in Burchetts Green, Bonwick will be joining the Noble Inn’s family from the end of August. The…
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Jul- 2022 -20 JulyPubs and Bars
Shepherd Neame acquires Bournemouth bar Urban Reef
Shepherd Neame, an independent brewery and pub operator based in Faversham, has expanded its estate with the acquisition of Urban Reef, a bar and restaurant based in Bournemouth. Located next to the beach on Boscombe Promenade, Urban Reef opened in 2009 and is a two-storey venue comprising a bar, café,…
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18 JulyRestaurants
Tortilla revenue soars 60% in H1
Tortilla has welcomed strong top-line growth during the first half of FY22, with group revenue soaring 60% to £26.9m, or an increase of 55% excluding the impact of the Chilango acquisition. The group said this performance was underpinned by growing customer demand for Tortilla’s food as well as the group’s…
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Jun- 2022 -24 JuneRestaurants
Canteen Collective launches £400,000 investment round to aid expansion
Canteen Collective, a hospitality group with a focus on sustainability, has launched a £400,000 investment round to “help drive forward its ambitious growth plans”. The London-headquartered business, which is on target to turnover £2.5m this year, has said it is set to more than double its revenues by 2025 as…
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9 JuneRestaurants
Virtual Hero to reach 200 locations by end of 2022
Virtual Hero is reportedly headed for huge growth as it announced a collaboration with YouTube supergroup, The Sidemen. They are responsible for creating the fried chicken brand, Sides, which is available across the UK and Middle East. Sides is reportedly on course to establish a further 50 locations in the…
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1 JuneBusiness
Almost half of businesses hit with price increases
Approximately half (48%) of businesses currently trading have reported that the prices of materials, goods, or services bought in April 2022 had increased from March 2022, while 23% reported that prices sold had increased across the same period. According to the Office for National Statistics (ONS), 12% of businesses that…
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May- 2022 -19 MayPubs and Bars
Pubs expect to see £105m boost during Jubillee weekend
Pubs and brewers are preparing for an estimated 90 million pints expected to be sold resulting in a £105m boost for the trade during the platinum jubilee weekend, according to British Beer and Pub Association (BBPA). With opening hours extended until 1am across the Jubilee weekend and an extra day…
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Apr- 2022 -13 AprilPubs and Bars
Nightcap announces Tonight Josephine Liverpool opening
Nightcap, the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, has announced a new opening for its Tonight Josephine brand in Liverpool later this year. The latest site for Tonight Josephine is located at 85-89 Hanover Street, Liverpool, and covers approximately 7,893…
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