All The Orchid Group articles
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News
M&B completes Orchid integration, de Polo joins Enterprise
M&B has completed the integration of the 173-strong Orchid estate it acquired for £266m last June and said that following this Steve de Polo has decided to leave the company to join Enterprise Inns.
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French: Orchid integration appears on track at M&B
Leading analyst Simon French, of Cenkos Securities, has said Mitchells & Butlers appears on track with the integration of the Orchid portfolio.
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Orchid ops team members depart M&B
A number of the operational team at Orchid Group have left new owner Mitchells & Butlers as it gears up to close the company’s head office
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E&Y updates on former Orchid sites
Ernst & Young has reported that it has sold 38 of the 49 former Orchid pubs that were placed into administration last June
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Young’s recruits former Orchid head of people
Young’s has appointed Tracey Read, formerly of Orchid Pub Company as its new director of people.
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Ex-Orchid FD joins Caffe Nero
Andrew Trigwell, formerly of Orchid Pub Company, has joined Caffe Nero as its new UK finance director
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Singha Corporation to enter UK restaurant market
Singha Corporation plans to build a UK restaurant business after agreeing to acquire the four-strong Oriental Restaurant Group
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B&L secures ex-Orchid site
Burger & Lobster, the London-based group, has secured a former Orchid Pub Company site in the City
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Brewhouse acquires three ex-Orchid sites
Brewhouse and Kitchen, the Enterprise Investment Scheme (EIS) backed venture, has acquired three new sites including two central London locations, from Black Pubs Limited as part of the Orchid Pub Company portfolio, M&C Report has learnt
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Bids in for £650m pub and hotel portfolio
First round bids have been submitted for a portfolio of c200 hotels and pubs, which is believed to be valued at up to £650m
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M&B makes key Orchid appointments
Mitchells & Butlers (M&B) has made two internal appointments to oversee the integration of the 173 former Orchid Pub Company into its estate, M&C Report has learnt
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Hansen: pub sector enters 'active M&A period'
The pub sector is entering an “active period of M&A activity”, according to Peter Hansen, founder of Sapient Corporate Finance
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Remaining Orchid sites placed into administration
The remaining 49 Orchid Pub Company sites that were not part of the package acquired by Mitchells & Butlers (M&B) have been officially placed in administration with Ernst & Young
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M&B expands Chappell's role following Orchid acquisition
Mitchells & Butlers (M&B) has promoted Susan Chappell, currently retail director for All Bar One, to an expanded role of brand operations director accountable for the company’s All Bar One, Miller & Carter and Browns brands, M&C Report has learnt
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Analysts upbeat on M&B’s Orchid acquisition
Analysts have given a generally positive response to Mitchells & Butlers’ acquisition of the majority of the Orchid estate
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M&B's Orchid acquisition 'a good deal' but has 'execution risk'
Mitchells & Butlers’ (M&B) acquisition of 173 Orchid sites is a “good deal”, although it could disrupt M&B’s cultural reengineering programme and will increase the size of its bottom end by c23%, according to leading analyst Geof Collyer
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M&B completes £266m Orchid acquisition
Mitchells & Butlers (M&B) has announced that it has acquired the majority of Orchid’s estate, consiting of 173 sites, in addition to Orchid’s head office, for £266m
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Spirit plans Orchid leases deal
Spirit Pub Company is planning to acquire around a dozen leases currently operated by Orchid Pub Company on which it is guarantor before they are placed into administration
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Jack upgrades M&B over expected Orchid deal
Leading analyst Douglas Jack has upgraded Mitchells & Butlers (M&B) from Add to Buy following news of its likely takeover of the majority of the Orchid estate, which he described as an “excellent transaction” for the group
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M&B confirms exclusive Orchid talks
Mitchells & Butlers (M&B) has confirmed that it has entered exclusive talks to buy the majority of the Orchid estate