Marechale Capital Advises on Sale of Randalls
Why we think this is good
The RNS announcement indicates that Marechale Capital successfully advised on the sale of Randalls, a significant transaction in the hospitality sector. While the financial details are not provided, the fact that Marechale was the exclusive advisor suggests this was a meaningful deal. The successful completion of the transaction also mitigates execution risk. However, the lack of quantifiable financial information and timeline limits the ability to fully assess the impact, leading to a 'GOOD' sentiment score.
Key Points
- Marechale Capital acted as exclusive corporate finance adviser on the sale of R.W. Randall Ltd to CI Hospitality Ltd
- Randalls operates a wholesale business, a retail business supplying the Guernsey airport duty free, and a local distillery
- The transaction marks only the second change of ownership of Randalls in the past 100 years
- The deal reinforces Marechale's position as a leading adviser in the independent pub, inn, and hospitality sector
Summary
Marechale Capital plc (AIM: MAC), an established City of London based corporate finance house, acted as exclusive corporate finance adviser on the successful sale of R.W. Randall Ltd ("Randalls") to CI Hospitality Ltd. Randalls operates a wholesale business, a retail business supplying the Guernsey airport duty free, and a local distillery. The transaction marks only the second change of ownership of Randalls in the past 100 years and reinforces Marechale's position as one of the UK's leading advisers in the independent pub, inn, and hospitality sector.