Caterer Kudos has been awarded an exclusive £3.3m retail and event catering contract at the Royal Air Force Museum Cosford. The 5-year deal will see Kudos reinvigorate the existing onsite restaurant and café and introduce a fresh approach to event catering at the venue. Kudos has revitalised the existing Refuel Restaurant with locally sourced, homemade and seasonal menus and … [Read more...]
Guyzance Hall acquires The Wordsworth Hotel and Spa, Grasmere
Guyzance Hall Ltd, based in Shropshire, has acquired The Wordsworth Hotel and Spa in Grasmere, Cumbria, from a guide price of £4.95m in a deal brokered by the specialist hotels team at real estate advisors Colliers International. Eric Kortenbach, operations director of Guyzance Hall Ltd, has seen the holding Company add the four-star country house hotel to a growing … [Read more...]
Choice Hotels appoints Senior Management for European growth
Choice Hotels International, one of the largest hotel companies in the world and known for the Comfort, Quality and Clarion brands in Europe, has expanded its senior international leadership team. This new structure will enable Choice to capitalize on market opportunities and accelerate and deliver on its aggressive international brand growth plans, with a particular focus on … [Read more...]
innocent casts off its Big Knit campaign
This February, innocent will be popping little woolly hats knitted by people up and down the land on its smoothie (and juice) bottles to help raise money for charity. With 25p from every be-hatted bottle sold going straight to charity, they’re confident of raising a significant sum to help keep older people warm in winter – adding to the £1.5 million the Big Knit has raised … [Read more...]
A.G. BARR gets a taste for cocktails with Funkin
A.G. BARR p.l.c., the soft drinks group, has announced the acquisition of Funkin Limited from its founding shareholders for an initial cash consideration of £16.5 million plus up to a further £4.5 million subject to the achievement of certain financial performance targets. The initial consideration represents an EV/EBITDA multiple of 10.6 times based on adjusted 2014 … [Read more...]