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All The Orchid Group articles – Page 2
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NewsM&B takes lead on Orchid
Mitchells & Butlers is understood to have moved ahead of private equity competition and entered exclusive talks to acquire the majority of Orchid Pub Company, for a sum of c£265m
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NewsGreene King pulls out of Orchid sale process
Greene King has announced it has pulled out the sale process for Orchid Group, with the latest round of bids for the 225-strong Rufus Hall-led company thought to be due in today
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NewsM&B and Greene King 'bid for Orchid package'
Mitchells & Butlers (M&B) and Greene King are understood to have both bid for c158 of the 255-strong Orchid estate, according to The Times leisure correspondent Dominic Walsh
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Diary
Diary: Orchid, Enterprise Inns, Loungers, Vapiano
This week’s Diary includes more on the Orchid sales process, the initial feedback on Enterprise’s first managed site, another award for Loungers and renewed pressure for pubco reform
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NewsSuitors circle Orchid
Mitchells & Butlers (M&B), Greene King and Starwood Capital, are amongst six firms believed to be set to bid for all or part of Orchid Pub Company
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News
Orchid online bookings reach 2,000 in first month
Orchid has said 2,000 online reservations, producing 10,000 covers, were made in the first month since it launched an online booking system for almost all its pubs
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NewsOrchid to expand All Inns after division's lfls rise 23%
Orchid Group has reported a 23% rise in like-for-like sales at its All Inns family-friendly pub sites in the 12 months since the first conversions to the format, and revealed that a further 26 outlets are to join the division, adding to current 16
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OpinionJust Eat float is hard to digest
The online takeaway service Just Eat has achieved great things in its time and is allowing takeaways nationwide to compete with the likes of Domino’s Pizza and Pizza Hut. However, Dominic Walsh cannot take its £1.5bn IPO seriously. He also asks what’s going on with Orchid’s sale process
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NewsOrchid has busiest weekend ever
Orchid Group has reported its busiest weekend ever, with Mother’s Day on Sunday being its busiest trading day since the company’s formation
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NewsOrchid leasehold package placed on market
Leaseholds of 10 pubs run by Orchid Pub Company have been placed on the market with Fleurets, M&C Report has learnt
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News
GI puts Orchid pub package on the market
Ten pubs owned by private equity group GI Partners and managed by Orchid Pub Company have been placed on the market with Fleurets, M&C Report has learnt
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NewsDeutsche considers IPO for Orchid
Deutsche Bank is understood to be conducting a beauty parade of potential advisers to a possible IPO of Orchid Group
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NewsOrchid reveals investment plan; eyes ownership options
Orchid Group, the managed operator, says it plans to invest a “millions more” in 13 sites this financial quarter, with more to follow in the remainder of 2014, as it outlines its options regarding its future financing and ownership structure
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NewsOrchid merges HR & training functions
Orchid Pub Company has merged its HR and training operations into one function, M&C Report has learnt
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Interviews
Friday five-minute interview
M&C Report talks to Simon Dodd, commercial and people director at Orchid Pub Company, about his best investment, his best business decision, and the best piece of advice he’s ever received
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Analysis & InsightAccess all areas
As a debate rages on the meaning of informality in the fine-dining sector, operators further down the cheque-range are looking at ways to grow volumes through making their offers more informal and subsequently more accessible. At the same time, the UK’s managed pub sector has started the year in fine fettle, but what does this mean for one its main players Orchid and backer Deutsche Bank, which is currently reviewing its options for the business
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NewsOrchid festive sales grow 9.8%
Orchid Group, the managed operator, saw sales grow 9.8% over the Christmas and New Year period, with food sales up 11% in that period, the company has said
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NewsOrchid secures Gold from Investors in People
Orchid Group has achieved the Gold level of accreditation from Investors in People, less than six months after joining the ranks at Bronze level
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NewsOrchid reports impressive ROI
One year on from the start of its company-wide £20m investment programme Orchid Group, in which private equity and trade buyers are showing an interest, has reported impressive returns across its estate
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OpinionPubco for sale, two careful owners
Orchid boss Rufus Hall is on a charm offensive as he tells Rob Willock the story of the group’s rise and rise from the ashes of a pre-pack to a successful estate of 250 pubs that are positively blooming