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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Jan- 2025 -17 JanuaryNews
Directional Capital acquires Pizza Hutโs UK franchisee in pre-pack deal
Directional Capital has acquired Heart With Smart, one of the UKโs leading hospitality franchise operators which manages the operations of the UK Pizza Hut dine-in restaurants, in a pre-pack transaction which sees the transfer and continuing operation of 139 restaurants across the UK. Directional Capital is a US-based private equity…
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7 JanuaryVenues & Properties
O2 Arena reports โbest-everโ sales amid record number of visitors
The O2 Arena has seen sales across F&B, leisure and retail rise by 6% in 2024, marking the live entertainmentโs โbest-everโ year for trade.ย It comes as The O2 welcomed a record number of people โ over 10 million โ throughout last year, which spells an uplift of 12% against…
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Dec- 2024 -17 DecemberNews-In-Brief
Todayโs news in brief – 17/12/24
Sales of pints in December could generate turnover of around ยฃ1.4bn, says the BBPA. This comes as the association believes that almost 300 million pints could be sold in pubs in December. As a result, the beer and pub sector is expected to pour a total of ยฃ3.3bn in GVA…
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17 DecemberPubs and Bars
Xmas pint sales to generate ยฃ1.4bn, BBPA finds
Sales of pints in December could generate turnover of around ยฃ1.4bn, according to data from the British Beer and Pubs Association (BBPA). This comes as almost 300 million pints could be sold in pubs in December, with the beer and pub sector expected to pour a total of ยฃ3.3bn in…
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13 DecemberNews-In-Brief
Todayโs news in brief – 13/12/24
McWin Capital Partners is in talks to acquire Gailโs, according to Bloomberg. It comes as the investment firmโs owners, Henry McGovern and Steven Winegar, already hold shares in the bakery-cafรฉ chain, having partnered with Bain Capital Credit to take a controlling stake in September 2021. Earlier in November, Sky News…
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13 DecemberRestaurants
Harbour Lights restaurant brought to market
Harbour Lights restaurant and venue, set within Burton Waters marina near Lincoln, has been put up for sale for an asking price of ยฃ850,000. The restaurant has 96 internal covers and a gross internal area of 289.85 SqM in its octagonal dining area. It is being sold on behalf of…
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6 DecemberPubs and Bars
Christmas pub bookings up 14% YOY
Christmas bookings are already 14% higher than December last year, according to data from MiXR. MiXR is predicting that 14 December will be the busiest day of the year for pubs across the country. This follows 16 December being the busiest day in 2023 with MiXR selling 2.08m total drinks…
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5 DecemberPubs and Bars
Urban Pubs and Bars saves George and Dragon pub in Wanstead
The historic George and Dragon pub in Wanstead is set to reopen in the new year after being saved from closure by Urban Pubs and Bars. The pub, originally named The George and Dragon but recently trading as The George, faced a permanent shutdown when its previous operators closed the…
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4 DecemberCafes and Coffee Shops
Costa Coffee and Freemans bring kiosk concept to London
A fleet of Costa Coffee kiosks are set to hit some of the UKโs biggest live events next year, as part of a deal between the company and Freemans Event Partners. The move builds on the success of the collaboration between Freemans Event Partners and Costa Coffee during the Summerโs…
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Nov- 2024 -28 NovemberNews
Loungers sold to US investment firm in ยฃ338m deal
Cafรฉ, bar and restaurant chain Loungers is set to be sold for ยฃ338m to US investment firm Fortress Investment Group.ย Loungers, which operates the Lounge, Cosy Club and Brightside concepts, currently has 280 venues across the UK.ย Under the terms of the acquisition, Fortress has offered 310p for each Loungers…
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