Tuesday, 23 June 2009

Restaurant & Hospitality News 23 June

The Waterside Inn reopened in April following the installation of a new £1.5m kitchen at the three-Michelin-starred restaurant in Bray, Berkshire. It was the kitchen’s first refurbishment in 24 years and the project was 18 months in the planning and took 14 weeks to complete,...more

Private equity group Seahold has diversified into catering with the acquisition of a restaurant and a delicatessen in its native Aberdeen. The group has acquired Max’s Restaurant and Francesa’s Delicatessen in the city’s Ashdale Drive for an undisclosed sum and set up a ...more

Former Caterer Adopted business the Preston Park Tavern in Fiveways, Brighton, has bought the freehold of the pub from landlord Punch Taverns. Andrew and Helen Coggins have leased the pub from Punch for the past two years but have now purchased the freehold for an undisclosed sum. Full story

Marston’s today announced plans to raise £176m through a share issue to create a warchest to speed up development of new pub sites and make acquisitions. The brewer and pub operator will use £140m of the total to acquire and develop new pubs, taking advantage of the ...full story

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