Co-Mitchells and Butlers RSS feed for the Co-Mitchells and Butlers tag
found 29 stories.
Business
Graeme Brown B'ham Post 23 Nov 10
Birmingham pub group Mitchells & Butlers reported another leap in sales as more customers plumped for higher-priced meals.
The Fleet Street firm, which has around 1,600 sites, revealed a 26.1% increase in full-year profits for the year to September 25 after like-for-like sales improved 2.8% and Mitchells outperformed the overall eating-out market…
Business
BusinessDesk 15 Nov 10
Mitchells & Butlers has announced the completion of the £373m disposal of its non-core to Stonegate Pub Company Ltd whilst Cooper Controls has secured the acceptance of more than 92% of the shareholders in Mount Engineering for its £19.23m bid.
Redditch based Halfords Group has appointed Andrew Findlay as its new Group Finance Director…
Business
BusinessDesk 23 Sep 10
Birmingham pub operator Mitchells & Butlers has announced a like-for-like sales growth of 2% in the 51 weeks to September 18.
For the retained estate, like-for-like sales increased by 2.8%…
Business
Graeme Brown B'ham Post 17 Sep 10
Pub group Mitchells & Butlers today announced a £19.5 million deal to buy 22 Ha Ha Bar & Grill restaurants. M&B is buying the chain from Bay Restaurant Group, but will not keep the brand under plans to convert the Ha Ha sites into All Bar One, Browns restaurants and other existing brands.
However, while it will axe the Ha Ha name, M&B confirmed it planned to take on all retail and operational staff employed in the sites being bought…
Business
B'ham Post 23 Aug 10
The GMB union has warned pub managers to “be very afraid” after Birmingham pub group Mitchells & Butlers decided to sell more than 300 of its bars to private equity firm TDR Capital.
The GMB union said it was worried that the people behind TDR Capital were the same investors behind the financial engineering at Punch Taverns – which has been accused of putting unfair pressure on its licensees through the beer tie after finding itself in financial difficulty…
Business
Tamlyn Jones BusinessDesk 20 Aug 10
Birmingham-based pubco Mitchells and Butlers is proposing to dispose of 333 of its ‘non-core’ pubs for a cash consideration of £373m.
The deal will be struck with Stonegate Pub Company Limited, a company controlled by private equity firm TDR Capital LLP which is based in London…
Business
Graeme Brown B'ham Mail 9 Aug 10
Birmingham pub group Mitchells & Butlers has sold its Hollywood Bowl ten-pin bowling business to rival AMF Bowling for £39 million.
AMF, which is owned by Butlins holiday camp firm Bourne Leisure, will add Hollywood Bowl’s 24 sites to its existing 33 UK bowling centres…
Business
Tamlyn Jones BusinessDesk 22 Jul 10
Sales at West Midlands pubco Mitchells and Butlers climbed slightly in the first 42 weeks of its financial year, the company reports today.
Like-for-like sales in the period have increased by 1.6% with total sales up 2.1%…
Business
B'ham Post 15 Jul 10
Birmingham pub giant Mitchells & Butlers has agreed to sell 52 hotels to budget hotel chain Travelodge in a £91 million deal.
The swoop for the Fleet Street innkeeper’s lodges will boost Travelodge’s estate to 452 hotels and increase its room stock by 2,000 to more than 30,000…
Business
B'ham Post 29 Jun 10
Birmingham pub and restaurant firm Mitchells & Butlers is believed to be close to selling off the Hollywood Bowl chain of 10-pin bowling alleys.
M&B, which employs some 16,000 people at a number of different branded chains across the UK, has been looking to sell off some of its non-core brands to focus on pubs selling food…