According to Savills research 18 new international food & beverage operators have opened sites in London since 2013. The international real estate advisor reports that, since the beginning of this year, nine new entrants have opened and there are another four in the pipeline, making 2015 a record year. Examples of openings this year include Pot Belly and NY Fold. Savills … [Read more...]
Joes Kitchen plans national roll out
Savills has been appointed by The Restaurant Group PLC to advise on new acquisitions across the UK for the development of its Joes Kitchen brand. An all day casual dining concept, Joes Kitchen is focusing on expanding in prime high street locations, as well as shopping centres and major mixed use schemes. The brand is targeting national cities including London, Edinburgh, … [Read more...]
Wilson Vale expands educational portfolio with Ruskin College
Wilson Vale has gained a catering contract with Ruskin College, Oxford, the independent residential college specialising in providing educational opportunities for adults with few or no qualifications. The five-year contract officially opened on 1st September when a team of seven Wilson Vale staff commenced a seven-day catering operation for 400 students and staff. This … [Read more...]
£100m race for Yo! Sushi
CityA.M. reports that the competition to buy Yo! Sushi is heating up, with new buyout firm Mayfair Equity Partners emerging as the leader to buy the restaurant chain, in a deal of around £100m. Mayfair Equity Partners was founded earlier this year and is led by Daniel Sasaki, who previously led Lloyds Banking Group’s LDC and oversaw such deals as the acquisition and float of … [Read more...]
Chestnut Group appoints first Group General Manager
Steve Smith joins the Chestnut Group as its first Group General Manager. Steve has over twenty years of food and beverage experience in the catering and hospitality industry, most recently as General Manager with Sodexo Prestige looking after the St Edmundsbury Collection group of five contracts. Steve brings his broad expertise and knowledge of the hospitality sector to … [Read more...]