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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Jul- 2024 -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 Boxโs 10 restaurants across the South West of England continue to trade, with all of the companyโs 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%.ย 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
Todayโs news in brief – 09/07/24
Loungers has achieved a record revenue growth of 24.7% to ยฃ353.5m in FY24, after opening 36 new sites during the year โ 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 ยฃ3.3m for the six months ended 30 April.ย The company said to have โperformed wellโ 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.ย ย 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.ย He was previously a co-founder and CEO of NewRiver REIT and…
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13 JuneBreweries and Distilleries
Fullerโs FY profits soar 61% to ยฃ20.5m
Fullerโs has today (13 June) announced a 61% increase in profit before tax to ยฃ20.5m for the 53-week period ended 30 march.ย It comes as sales at the brewing company rose by 7% to ยฃ359.1m, while EBITDA reached ยฃ60.8m.ย Like-for-like sales were up 11%, with Fullerโs announcing โstrongโ sales and…
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7 JuneNews
Todayโs news in brief – 07/06/24
Two Vagabond sites within Gatwick Airport were acquired by Airport Retail Enterprises (ARE) out of administration. Business advisory firm Quantuma completed the deal saving 122 jobs across the two sites. This comes after Vagabond sold the majority of its stores to Majestic Wines back in April. GSG Hospitality has acquired…
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7 JunePubs and Bars
Vagabond Gatwick sites acquired by ARE
Bar group Vagabondโs two sites within Gatwick Airport have been acquired out of administration by Airport Retail Enterprises (ARE). Business advisory firm Quantuma completed the deal saving 122 jobs across the two sites. This comes after Vagabond sold the majority of its stores to Majestic Wines back in April. Quantuma…
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May- 2024 -16 MayNews
Todayโs news in brief – 16/05/24
Compass Group raised its 2024 profit guidance as revenues rose 11.2% during H1. The group also reported an 18.7% rise in underlying operating profit to ยฃ1.16bn. Moreover, it spent ยฃ294.3m on M&A, including the acquisition of Hofmann in Germany and CH&CO in the UK and Ireland completed, the latter being…
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