Tag Archives: merger

Future of BHA boss unclear if trade association merger goes ahead

Future of BHA boss unclear if trade association merger goes ahead

The British Hospitality Association has said that its chief executive Ufi Ibrahim will continue in her current post until members vote on whether it should merge with the ALMR on February 21. Yesterday the association confirmed that existing ALMR boss Kate Nicholls would take over as chief executive of the joint company – which will

BREAKING NEWS: CMA rules Heineken-Punch merger could reduce competition in 33 areas

The Competition Markets Authority has ruled that Heineken’s proposed purchase of part of the Punch Taverns estate could reduce competition in 33 local areas across the UK. Heineken must now offer proposals to address these concerns by 20 June or face an in-depth investigation into the deal, in which it is seeking to buy approximately 1,900

Proposed restaurant delivery merger faces in-depth investigation from CMA

Just Eat’s acquisition of Hungryhouse faces an in-depth merger investigation – unless the company can address competition concerns, it has emerged. Both companies provide online takeaway ordering services that give restaurants the opportunity to reach a wide pool of consumers and offer them the convenience of choosing from a large range of takeaway providers in one

£6 billion restaurant chain mega-merger is biggest deal of year

One of the largest acquisition deals that the global foodservice sector is likely to see this year was announced yesterday after the owner of Krispy Kreme Doughnuts and Caribou Coffee paid $7.5 billion (£6 billion) for the Panera Bread Company. Private investment firm JAB, which has controlling stakes in a raft of coffee and cafe

French catering equipment maker swoops on CED Fabrications

North West-based commercial catering equipment maker CED Fabrications has merged with French private equity-backed manufacturer Tournus Equipement. CED Fabrications was founded in 1991 and currently employs around 150 workers from its Accrington headquarters and manufacturing facilities in Liverpool and Sandwich. Its products include refrigerated food displays, patisserie cabinets and food servery counters. Founded in 1910,

Competition body raises concerns over pub group merger

Greene King’s proposed £774m takeover of rival Spirit Pub Company faces fresh scrutiny after the UK’s competition said the deal will be referred for an in-depth investigation unless acceptable undertakings are offered. Greene King runs approximately 1,900 pubs, restaurants and a small number of hotels in the UK, while Spirit Pub Company runs approximately 1,200