May 2019 heralded a watershed moment for plant-based investment with Beyond Meat's IPO. Prior to the offering Goldman Sachs, JPMorgan and Credit Suisse all competed aggressively to be appointed as lead underwriters on the deal, with BofA Merrill Lynch, Jefferies and William Blair doing similarly as co-managers. All clearly had confidence in the offering and wanted to headline … [Read more...]
Senior figures call on catering industry to embrace value of social enterprise
The foodservice sector needs to do more to showcase the commercial value social enterprises can bring to workplace clients, according to a high-profile roundtable discussion held by Bartlett Mitchell last week. Catering consultants, social enterprise leaders and Bartlett Mitchell senior management gathered at a specially arranged event held in London, aiming to identify the … [Read more...]
Rational wins the ‘Smart Label’ award at Host Milan, again
Rational has once again won the "Smart Label" award, which was announced at Host in Milan. A great joy for Rational, the world market and technology leader in the field of hot food preparation, at the international hospitality trade fair Host in Milan: one of the innovations to be exhibited at Host in October this year is the VarioCookingCenter, which has won the "Smart Label" … [Read more...]
Brexit stalemate points Whitbread towards long-term opportunities in Germany
Premier Inn owner Whitbread have released their first-half figures showing a drop in pre-tax profits and accommodation like-for-like sales in the UK from ‘challenging’ market conditions. The headlines of the report whilst not using the term Brexit refer to it clearly. As the UK market has seen stagnancy resulting from the uncertainty over the UK’s convoluted … [Read more...]
Admiral Taverns acquisition of 150 portfolio from Star Pubs & Bars completed
The Board of Admiral Taverns earlier today confirmed completion of the acquisition of 150 tenanted community pubs from Star Pubs & Bars. The acquisition plan was announced in September as part of Admiral’s growth strategy as a leading operator of community pubs. Through its highly supportive and award-winning operations-centric approach, the Group has developed a … [Read more...]