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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Jul- 2024 -30 JulyNews
Today’s news in brief – 30/07/24
Greggs has reported that sales rose 13.8% to £960.6m during H1. During the period, the food-on-the-go retailer saw underlying profit before tax rise 16.3% to £74.1m and opened 99 new shops, including 30 relocations and 18 closures. This resulted in 2,524 shops trading. Greggs remains on track to achieve 140…
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30 JulyPubs and Bars
JD Wetherspoon boss sells £10m of company shares
JD Wetherspoon boss Tim Martin has sold almost £10m worth of shares in the pub chain. On 26 July 2024, Martin sold 1,361,000 of the company’s ordinary shares on the London Stock Exchange at a price of £7.39 per share. As a result of the transaction, Martin’s voting rights in…
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23 JulyRestaurants
Tropea expands site to boost restaurant covers
Birmingham-based restaurant Tropea has announced its extension into the premises next door as it looks to expand its offering. The extension will see the addition of a bar that will accommodate up to four covers for walk-ins and table top style dining, alongside a further 15 covers in the restaurant.…
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19 JulyCafes and Coffee Shops
Cooks Coffee appoints new UK-based board members
Cooks Coffee Company, the international coffee-focused café chain, that operates Esquires, the Organic Coffee Company in UK and Ireland has appointed Gareth Lloyd-Jones and Gordon Robinson as non-executive directors. The news comes after New Zealand based non-executive board member Mike Hutcheson resigned after more than 10 years on the board.…
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12 JulyRestaurants
Burger brand Hub Box bought out of administration
South-West based burger chain Hub Box has been bought out of administration and sold to South West Restaurants Limited for an undisclosed sum. The transaction will see all of Hub Box’s 10 restaurants across the South West of England continue to trade, with all of the company’s circa 300 staff…
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11 JulyPubs and Bars
JD Wetherspoon offloads 26 pubs as it posts healthy LFL sales
JD Wetherspoon has revealed it has sold or surrendered a total of 26 pubs so far this year and has seen its like-for-like sales in the year-to-date increase by 7.7%. According to the group, which currently has a trading estate of 801 pubs, most of the disposals were smaller and…
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9 JulyNews
Today’s news in brief – 09/07/24
Loungers has achieved a record revenue growth of 24.7% to £353.5m in FY24, after opening 36 new sites during the year – seven more than in the prior year. The operator of Lounge, Cosy Club and Brightside has attributed its performance to a combination of decreasing inflationary pressures and its…
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Jun- 2024 -28 JuneNews
Heavitree sales increase 2.1% despite wet weather
Pub group Heavitree Brewery has reported a turnover increase of 2.1% to £3.3m for the six months ended 30 April. The company said to have “performed well” despite the combination of weeks of cold and wet weather conditions and a very early Easter weekend which could have had an adverse…
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27 JunePubs and Bars
Trust Inns acquires the White Hart
Trust Inns has announced that it has acquired the White Hart pub in Tongham in Surrey. The property boasts a lounge bar and restaurant featuring wooden beams and a fireplace, as well as a sports bar, beer garden and extensive car park. It is listed as an Asset of Community…
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25 JuneNews
Stonegate appoints new non-exec director
Stonegate Pub Company has appointed Mark Davies as a new non-executive director. Davies is the CEO of Primary Health Properties, the FTSE 250 UK real estate investment trust, and a non-executive director of Palace Capital, a regional focused REIT. He was previously a co-founder and CEO of NewRiver REIT and…
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