M&A Deal Summary

Whitbread Acquires Premier Inn Hotels

On July 23, 2004, Whitbread acquired restaurant Premier Inn Hotels from Spirit Pub for 536M GBP

Acquisition Highlights
  • This is Whitbread’s 1st transaction in the Restaurants sector.
  • This is Whitbread’s 0th largest (disclosed) transaction.
  • This is Whitbread’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2004-07-23
Target Premier Inn Hotels
Sector Restaurants
Buyer(s) Whitbread
Sellers(s) Spirit Pub
Deal Type Divestiture
Deal Value 536M GBP

Target

Premier Inn Hotels

Dunstable, United Kingdom
Premier Inn is the UK and Ireland's biggest and fastest growing hotel company. With over 650 budget hotels offering quality accommodation at affordable hotel prices.The company provides online booking services.

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Buyer(S) 1

Buyer

Whitbread

Dunstable, United Kingdom
Category Company
Founded 1742
Sector Restaurants
Employees36,700
Revenue 3.0B GBP (2024)
DESCRIPTION

Whitbread is a multinational hotel, coffee shop, and restaurant. Whitbread was founded in 1742 and is based in Dunstable, England.

DEAL STATS #
Overall 2 of 4
Sector (Restaurants) 1 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 2 of 4
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-01-01 Costa Limited

Dunstable, United Kingdom

Costa Limited is a global coffee brand. Costa operations include 4,000 retail outlets, a coffee vending operation, for-home coffee formats and Costa’s roastery. Costa Limited was formed in 1971 and is headquartered in Dunstable, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-15 Coffeeheaven International

Brighton, United Kingdom

Coffeeheaven International Ltd.sells its products under the ‘coffeeheaven’ and ‘Coffee Nation’ brand names. Coffeeheaven International Limited operates as a subsidiary of Costa Limited.

Buy £36M

Seller(S) 1

SELLER

Spirit Pub

Staffordshire, United Kingdom
Category Company
Founded 1999
Sector Restaurants
Employees17,000
DESCRIPTION

Spirit Pub Company plc is the largest managed pub operator in the U.K., with over 2,400 pubs serving alcohol and food in both suburban and urban locations. MLGPE provided equity to support the acquisition of Spirit by Texas Pacific Group, The Blackstone Group, and CVC Capital Partners.

DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2004) 1 of 1
Mergr

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