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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Apr- 2024 -25 AprilBreweries and Distilleries
Hogs Back owner saves Mondo brewery in pre-pack deal
Brewing industry veteran Rupert Thompson has agreed an investment deal with London craft brewer Mondo, which secures the future of the Mondo brands, as well as its brewery and taproom in Battersea. Following a pre-pack administration, the deal will see brewing continue at Mondo’s Battersea site. As well as delivering…
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Mar- 2024 -22 MarchNews
Wetherspoon profits jump 81% to £67.7m as revenues soar
JD Wetherspoon profits rose 81% to £67.7m as revenues increased 8.2% to £991m during the 26 weeks ended 28 January 2024. Like-for-like sales increased by 9.9% compared to FY23. Like-for-like bar sales increased by 11.6%, food sales by 7.6%, slot/fruit machine sales by 10.5% and hotel rooms by 2.8%. The…
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20 MarchNews
Today’s news in brief – 20/03/24
Soho House revenues for FY23 have risen 16.8% YoY to $1.1bn (£870m). During the year, membership revenues rose 32.5% to $361.5m (£284.7m), accounting for 31.8% of total revenues. According to Soho House, its membership waitlist currently sits at approximately 99,000, an “all-time high” total revenues of $290.8m (£229.05m) that shows…
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20 MarchPubs and Bars
Helwith Bridge Inn sold for undisclosed amount
The Helwith Bridge Inn in Yorkshire has been sold to new owners for an undisclosed sum. The property is situated at the foot of Pen Y Ghent, which is the starting point of the Yorkshire Three Peaks Challenge thought to make the pub an ideal stop-off for both locals and…
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15 MarchPubs and Bars
Farnham pub Bat and Ball up for sale
The Bat and Ball pub and restaurant in Farnham, Surrey has been put up for sale for £1.2m. The venue has total seating for approximately 112 persons, the two section bar area has room for 66 seating while the restaurant/dining area has 46 covers. The outside has space for around…
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6 MarchNews
Today’s news in brief – 06/03/24
The Gentlemen Baristas has been bought out of administration and sold for £785k. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. Darwin and Wallace reported a…
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6 MarchCafes and Coffee Shops
The Gentlemen Baristas bought out of administration
Coffee shop chain The Gentlemen Baristas has been bought out of administration and sold for £785,000. The chain previously called in an administrator from Parker Getty Limited back in January, after being “adversely affected” by higher costs of materials as well as the costs of sales and staff. According to…
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1 MarchFood and Drink
KFC UK&I launches first nutrition progress update
KFC UK&I has unveiled its first ever nutrition progress update, which tracks the progress it has made on nutrition across its menu and aims to increase transparency for consumers and wider industry. The update has outlined KFC’s steps on its nutrition journey, which included reformulating its fries by removing around…
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Feb- 2024 -15 FebruaryNews
Knoops revenues up 23% since Christmas
Chocolate drinks expert Knoops has reported a 23% revenue increase on a LFL basis for the start of the year. In addition to over-the-counter, barista-prepared drinks, sales of chocolate flakes in stores are continuing to perform strongly – also up 23% LFL. Online sales in January were up 163% on…
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Jan- 2024 -30 JanuaryFeatures
The forgotten effect of insolvencies on a premises licence
Can you explain how an insolvency event can cause a premises licence to lapse, and at what point in the process does this typically occur? Before there’s any sign of going into insolvency, I think it’s important for operators to consider not just their wider business, but specifically their licences…
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