All Oakman Inns articles
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NewsOakman ends strategic review process
Announcing the sale of two of its high value premium pubs to McMullen’s, Oakman Group said it will now focus on investing in its existing sites and paying down debt, CEO Peter Borg-Neal tells MCA
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OpinionThe outlook for hospitality M&A
The improvement in trading and financial performance over past months has increased the likelihood that we will see more M&A. Dominic Walsh explores the outlook for Oakman Group and Amber Taverns among others
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NewsOakman to demerge Seafood Pub Company
The ten-strong pub concept, which was acquired out of administration in 2021, will continue under the sole ownership and direction of former Oakman CEO Dermot King
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NewsOakman signs up for Batchwood Hall
The group will make a multimillion-pound investment in the hisoric hall in St Albans, and will operate it as a restaurant, bar and wedding venue, with luxury hotel rooms.
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NewsOakman to issue £10m loan note
The pub operator is looking to refinance £5m of third-party debt and develop new sites, such as Bush Hall in Old Hatfield, the Beech House in Epsom and Batchwood Hall in St Albans
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NewsJoycelyn Neve joins tech start-up as COO
The Seafood Pub Company founder will remain a director at the Oakman Group owned pub collection
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Analysis & InsightOakman: £10 pint can’t come soon enough
With inflation a recurring topic at MCA’s Pub Conference, Oakman CEO Peter Borg-Neal said the sector and the public needed to be realistic about the cost of doing business
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NewsOakman ‘not convinced’ about running smaller pubs
The group has paused growth of Seafood Pubs to focus on its core Oakman Inns brand, CEO Peter Borg-Neal told MCA’s Pub Conference
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InterviewsPeter Borg-Neal: ‘We will not sell for cheap’
The Oakman CEO has begun implementing an action plan to reduce central costs, build sales and improve profits, before considering exit options such as a trade sale or private equity when market conditions improve
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OpinionDominic Walsh: Reshuffling the pack
With the sector facing cost challenges from all sides, some operators are reorganising and reshaping their businesses to better position them for future growth, Dominic Walsh writes
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NewsOakman benefiting from Chef Academy
The group said it now has the necessary employee resources to continue its growth plans thanks to the development of its Academy, with a Level 2 course due to launch later this spring.
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NewsOakman Group: ‘Concerns about inflation and taxation persist’
When adjusted for VAT, total sales were 17% up and lfl sales 6.9% up in the first 38 weeks of FY2022/23, with work commencing on two new sites
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NewsOakman Group appoints CFO
Tarquin Williams, who has been serving as interim CFO at Cirrus Inns, will join Oakman as its new CFO
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NewsOakman restructures board and secures £5.3m funding
Peter Borg-Neal will return as CEO and Dermot King will take charge of finance, as FD Koula Achillea departs
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InterviewsOakman: ‘The pace of our growth is being restricted’
The group is keen to capitalise on the “best pipeline it’s ever had”, but is being hamstrung by the lack of availability of good equity or debt deals
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NewsOakman looks to raise £5.3m from shareholders
The discounted share placement will provide a buffer to protect the business from a further worsening of the trading environment
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InterviewsHopes and reflections: Views from the top (part 5)
As the hospitality sector comes to the end of another year filled with unprecedented challenges, we asked sector leaders to share their highs and lows of 2022 and hopes for the New Year. Today’s fifth and final instalment features comment from Oakman and Hawksmoor
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Analysis & InsightOperators urge PM Truss to take action
As newly elected PM Liz Truss enters No 10, MCA speaks to the leaders of D&D London, Oakman Group, Punch Pubs and Hostmore about their key demands from the new government
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Analysis & InsightEnergy crisis: The cost of doing business
Many operators are still cushioned from the impact of rising utility bills, but some are facing the very real prospect of seismic increases. MCA spoke to operators including Heart With Smart, Oakman, New World Trading Co, McMullen and Various Eateries to find out how they are faring.
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InterviewsOakman: ‘Impact of price rises on consumer is biggest concern’
Despite worries about a dip in consumer spending, the group can’t rule out further menu prices increases, CEO Dermot King told MCA