Tag Archives: Whitbread

Whitbread waits on authorities to have their say over £3.9 billion Costa sale

Coca-Cola’s takeover of Costa is likely to go through before next summer, with the deal now hinging solely on two anti-trust regulatory approvals in the EU and China. Whitbread shareholders gave their approval to the £3.9 billion agreement earlier this month, paving the way for the transaction to move forward. This morning, Whitbread said that

Whitbread cranks up expansion of Cookhouse and Pub business in the UK

Whitbread has announced two new Cookhouse and Pub openings in St Columb, Cornwall and Northwich, Cheshire. This will bring Whitbread’s current portfolio to eight across the UK. After a successful trial of the brand in Oldbury, Holystone, Kilmarnock and Ripley, both new destinations opened this month on former Brewer’s Fayre sites. The 218-cover St Columb

Whitbread takes on more ‘Hub’ projects for Premier Inn brand

Whitbread, the owner of Premier Inn, has secured planning permission for a 294-bedroom ‘hub by Premier Inn’ hotel in between Marylebone and Paddington stations. It is one of seven sites that are now in the planning or construction stages. Granted by LB Westminster, the decision unlocks a major redevelopment of a site that Whitbread purchased freehold

Costa seeks to arrest decline in high street store performance

Costa Coffee is pulling out all the stops to arrest a decline in business at its traditional high street branches, the chain revealed this morning. The company’s revenue soared 7% during its latest quarter, for the three months to the end of November 2017, with the launch of new drive-thru, retail park and travel locations