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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Jun- 2024 -13 JuneBreweries and Distilleries
Fuller’s FY profits soar 61% to £20.5m
Fuller’s has today (13 June) announced a 61% increase in profit before tax to £20.5m for the 53-week period ended 30 march. It comes as sales at the brewing company rose by 7% to £359.1m, while EBITDA reached £60.8m. Like-for-like sales were up 11%, with Fuller’s announcing “strong” sales and…
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7 JuneNews
Today’s 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 Vagabond’s 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
Today’s 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 £1.16bn. Moreover, it spent £294.3m 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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16 MayPubs and Bars
Hexham pub comes to market for £600,000
The Heart of Northumberland pub, located in the centre of Hexham in Northumberland, is up for sale for £595,000. The pub reopened in 2015 following a major renovation and refurbishment after being closed for years. The ground floor is subdivided into two main trade areas, the front bar seats 34…
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16 MayNews
Domino’s appoints non-exec director
Domino’s Pizza Group has recently announced the appointment of Mitesh Patel as an independent non-executive director, with effect from 1 June. Patel will be a member of the board’s nomination and governance committee. He is the co-founder of Lenstore, an online contact lens business which in 2013 he sold to…
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15 MayPubs and Bars
Four Glasgow pubs up for sale
Four pubs in Glasgow, all part of the Best Cellars Ltd portfolio, have been brought to market available separately or together. The four venues are The Vogue in Rutherglen, The Old Quarry Bar in Rutherglen, The Blackbull in the city of Glasgow and Brechins Bar in Govan. The Vogue Bar…
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8 MayNews
Today’s news in brief – 08/05/24
JD Wetherspoon expects top-line of profit guidance as like-for-like sales rose by 5.2% in Q1, with year-to-date sales rising 8.3% despite this year’s bank holiday (6 May) being a week later. The company had opened two pubs and either sold or surrendered to the landlord a total of 18 “smaller…
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8 MayPubs and Bars
JD Wetherspoon expects profits to hit top-line as sales rise 5.2%
JD Wetherspoon expects profits to be towards the top of market expectations for 2024, as like-for-like sales rose by 5.2% in the 13-week period to 28 April. Year-to-date sales also rose 8.3% despite this year’s bank holiday (6 May) being a week later. Total sales still increased by 3.3% in…
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3 MayPubs and Bars
The Royal Oak pub in Durham up for sale
The Royal Oak pub in North West Durham has been put up for sale with a freehold price of £370,000. The pub is a traditional country style free of tie pub with a large beer garden area, dining area, and drinks space. The main trading area comprises a bar and…
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