Beefeater Grill
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Beefeater Grill
Beefeater is a chain of over 140 pub restaurants in the United Kingdom, owned by Whitbread. The chain's name references both the English figure of the beefeater and its menu's meat (particularly beef) offering. The chain is positioned slightly upmarket of Whitbread's Brewers Fayre chain. History Beefeater was set up by the then Whitbread Brewery in 1974 with the opening of its first restaurant, The Halfway House, in Enfield. The premise was for simple food, such as prawn cocktails and char-grilled steaks, and was seen as a rival to Berni Inns. Beefeater expanded over the next 20 years, including rival Berni Inns in 1995, before the chain experienced difficulties in the 1990s. During the 1990s the flagging brand tried a number of strategies to boost sales. A small number of sites mainly around the west of London for example the Ock Mill in Abingdon, and the Crossbush in Arundel, were converted to "Out and Out". This was unsuccessful and they were rebranded back to Beefe ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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