Private equity players are at the heart of a second major Perth-based food franchise deal within 12 months, with Malaysian private equity firm Navis Capital Partners reacquiring a majority stake in Dome Coffees at a price estimated to be at least $50 million.
Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.
One of Perth’s small bars has been named the best metropolitan bar in Australia, while Crown Metropol Perth has taken the title of best overall accommodation hotel.
Charter Hall Group and hospitality industry super fund Hostplus have acquired 54 pubs and liquor stores from ALH Group, including the Hyde Park Hotel and the Dunsborough Tavern among several from Western Australia, in a sale and lease-back deal worth more than $600 million.
New small bar openings, strong demand for alternative corporate events, and a partnership with the state’s peak wine organisation has provided a fledgling Perth business with the springboard it needed to grow.
FEATURE: Established wineries are setting their sights on longer-term goals as the sector recovers from the issues of the past decade, and faces new challenges.
Whiskey might not yet feature prominently on Perth’s list of key attractions, but the Japanese penchant for distilled beverages led to a new venture in this field being put on the itinerary for visiting Kagoshima Mayor Hiroyuki Mori.
It’s been a long time coming, but the newest of the 37 brewpubs and breweries on our fledgling microbreweries list, Northbridge Brewing Company, is finally pouring pints and proprietor Michael Keiller says the timing could not be better to establish an inner-city venture like his.
The Salitage winery in Pemberton has been put on the market for $7.9 million nearly two years after owners John and Jenny Horgan failed to sell off luxury accommodation at the estate.
An iconic fixture at many sporting and cultural events, food vans are going gourmet, with pies and chips giving way to more sophisticated cuisine that, increasingly, is competing with the bricks and mortar hospitality sector.
In the second of a four-part series featuring EY Entrepreneur of the Year nominees, we spoke to Bernie Pummell and Sarah Thomas about two different food businesses.
A local e-commerce entrepreneur has been forced to deal with South Australian authorities after falling foul of the bureaucratic process in his home state.
Supermarket giant Coles is taking on the big four banks by offering customers the ability to pick up loans and other personal finance products at the same time as their groceries.
The Australian Competition and Consumer Commission has raised concerns about the sale of four Western Australian Supa IGA stores to the Wesfarmers-owned Coles.
Baskin Robbins is making a renewed push for expansion by opening 20 new stores across Australia within the next year, with the goal of increasing its store network by 25 per cent.
The Spain-based founders of Cafe del Mar say they are the only entity authorised to use the trademark worldwide, despite a venue opening in Sydney last year and plans advancing for an expansion to Western Australia.
