Legal
Karali Snacks gobbles UK artisanal doughnut brand Crosstown Doughnuts
The deal will see Karali take over 27 Crosstown Doughnuts outlets.
Karali Snacks gobbles UK artisanal doughnut brand Crosstown Doughnuts
The deal will see Karali take over 27 Crosstown Doughnuts outlets.
GYG boosts IPO size by 38% to $335.1m
TDM Growth Partners will reduce its stake but remain a large shareholder.
Guzman y Gomez announces $2.2b IPO launch
The fast food chain expects to list on the ASX on 20 June.
Megan’s reaches £29.9m in revenues
The company realised a 20% EBITDA margin at the company level.
Retail Food Group announces mixed results in investor update
Beefy’s and Gloria Jean's performed well, but other brands remained challenged.
Pizza Hut issues statement on $2.5m penalty over spam messages sent in 2023
The brand said it sincerely apologised to everyone who was contacted without consent.
Lord of the Fries issues statement on closure of last NSW outlet
Media recently reported its Newtown outlet appears to have shut down.
QSR Brands issues statement on reports of temporary KFC outlet closures in Malaysia
Read below for the full statement.
Chinese bubble tea chain ChaPanda seeks $320m IPO in Hong Kong
It is set to be the biggest IPO in Hong Kong this year.
Pret a Manger refunds customers following app issues
Customers complained about technical issues after a major service change.
GYG eyes IPO in 2025 as it gets a $134.5m capital boost
The group now has a valuation of $1.725b
Din Tai Fung fined $4m
The FairWork Ombudsman called it ‘a calculated scheme to rob employees’.
Bondi Pizza Group's voluntary administrators issue statement
Read here for the full press statement.
ASA bans Burger King ad
The regulatory organisation told the company not to show the ad again.
Leon co-founder launches investment firm to back food businesses
It will invest in sustainable F&B business.
foodpanda parent denies reports of SEA business sale talks have soured
The sale was announced in September last year.
Paddy & Scott’s Coffee owner sells business
The business was acquired by its senior management team.
Commentary
People want experiences – but not at the cost of food & beverage