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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Jan- 2024 -24 JanuaryPubs and Bars
Wetherspoons H1 sales rise 10.1%
Wetherspoons has revealed that like-for-like sales were 10.1% higher during the 25 weeks to 21 January compared with last year. The pub chain attributed its performance to bar sales rising by 11.8%, food by 7.9%, and slot and fruit machines by 10.4%. Hotel rooms in its pub estate also saw…
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17 JanuaryFeatures
In conversation with Eco Pizza founder Sami Wasif
Can you tell us about your hospitality experience leading up to starting Eco Pizza in 1993? My love of food dates back to my childhood in Egypt, where I learned the secrets of dough making from my grandfather, Gerges, who during the Spring Equinox festival would produce and distribute the…
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12 JanuaryNews
Today’s news in brief – 12/01/24
Nightcap revenues jumped to £7.4m, spelling a 65.7% rise over Christmas. As a result, revenues for the entire of December 2023 were the largest monthly revenues in its nearly three-year history since IPO. Total December unaudited group revenues were £9.2m against £5.9m for December 2022, an increase of 55.9% and…
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12 JanuaryPubs and Bars
Corporate buyers return to pub market in 2023
Tenanted pub companies made up 23% of freehold buyers in 2023, compared with 12% in 2022, according to data from Christie and Co. Furthermore, Christie and Co’s pub price index dropped 8.1% for 2023 as a result of interest rate hikes and a stubborn inflationary environment during 2023. Activity was…
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4 JanuaryNews
Today’s news in brief – 04/01/24
Whitbread, owner of Premier Inn, has sold its 49% stake in healthy eating chain Pure, eight years after acquiring it for £6.8m. The company’s sales doubled to £20m in 2022, bouncing back from the pandemic, despite pre-tax losses increasing from £3.45m in 2021 to £4.55m. Despite this, the company opened…
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4 JanuaryRestaurants
Whitbread sells stake in Pure
Whitbread, owner of Premier Inn, has sold its 49% stake in healthy eating chain Pure, eight years after acquiring it for £6.8m. The company acquired the stake in the company which trades as Healthy Retail Limited in 2016 when it had eight restaurants. A spokesperson for Whitbread stated: “As Pure…
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Dec- 2023 -18 DecemberFood and Drink
Hackney Gelato secures £1.3m investment
Hackney Gelato has secured a £1.3m follow-on investment from venture capital trust Pembroke VCT to fuel global expansion. The new funding will support increased production, recruitment into the team and a consumer marketing drive. Hackney Gelato is also targeting an expansion into new international markets and further growth in the…
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15 DecemberNews
Today’s news in brief – 15/12/23
Some 61% of hospitality leaders plan to adopt new tech solutions in the coming year, CGA and Fourth have found. The study highlighted staff scheduling as a top benefit, recognized by 55% of leaders, followed by payroll and onboarding support. This investment is seen to enhance productivity (81%) and boost…
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15 DecemberPubs and Bars
McManus Pub Company sells four pubs to Valiant Pub Co
McManus Pub Company has announced that it has sold four pubs in Northampton to Valiant Pub Co. The properties sold include The Lord Byron, The Fox and Hounds, The Golden Horse and The Foundrymans Arms. McManus has taken this decision to “reduce its liabilities and establish more solid foundations for…
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4 DecemberAdvice
How to manage food waste and charitable giving
One-third of all food produced globally goes to waste; if food waste was a country, then it would be the third largest emitter of greenhouse gases in the world. In the UK, 70% of food waste occurs in the home, but the hospitality and retail sector still contribute a sizable…
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