Company & City News

The latest news from the pub industry's top companies, as well as deals, results and appointments from the City.

Brakspear grows managed estate to four pubs

02-Sep-2014 - Brakspear, the brewer and pub operator, has added to its fledgling managed estate by bringing the Chequers in Marlow across from its tenanted and leased operation.

Enterprise to roll out online ordering

29-Aug-2014 - A new online ordering platform is set to be rolled out across Enterprise Inns’ 5,500-strong pub estate from 1 September, following successful trials and positive feedback from licensees.

TRG pubs deliver ‘outstanding performance’

29-Aug-2014 - The 50-strong pub restaurant business operated by The Restaurant Group delivered an “outstanding performance” in the 26 weeks to 29 June, with “significant increases” in both revenue and profit.

New Sports Bar & Grill to open in West End

27-Aug-2014 - Sports Bar & Grill is to launch its fifth site with an opening in London’s West End next month.

Foundation Inns to open first Craft & Grill site in Surrey

26-Aug-2014 - Managed pub operator Foundation Inns is set to launch its first branded site Craft & Grill in Walton-on-Thames, Surrey.

Camerons continues estate revamp and secures first new Head of Steam

22-Aug-2014 - Camerons Brewery, the Hartlepool-based brewer and pub operator, has announced plans to refurbish almost one third of its estate and has reopened eight closed sites from its disposal list, M&C Report has learnt.

Whitbread creates new pub brand Whitbread Inns

21-Aug-2014 - Leisure group Whitbread has launched a new pub brand called Whitbread Inns.

Turner steps down as Novus chair

21-Aug-2014 - Novus Leisure, the London-based premium operator, is looking for a new chairman, after Graham Turner stepped down from the role he took up last October.

Brakspear reports strong results for year of ‘positive change’

21-Aug-2014 - T Davies & Sons, the parent company of Henley-based Brakspear, has reported a year of “positive change”, in which it saw pre-tax profits climb 26.2% to £3.5m.

Admiral Taverns-owner Cerberus acquires £200m pub portfolio

20-Aug-2014 - Cerberus, the US private equity owner of Admiral Taverns, has acquired 63 pubs leased to Spirit Pub Company and Orchid (now part of M&B) in a deal valued at just under £200m.

Walkabout has potential to reach 50 sites

19-Aug-2014 - Intertain, which is exploring new funding opportunities and has already received interest, believes it could grow its 27-strong Walkabout brand to 50 sites.

Punch launches proposed debt restructure

18-Aug-2014 - Punch Taverns has announced the launch of its restructure, which had been delayed from last Monday , saying that its new structure is set to be in place from 8 October subject to approval from creditors.

91% of JDW pubs gain top food hygiene rating

15-Aug-2014 - JD Wetherspoon has scored the maximum five star rating in the Food Standards Agency (FSA) Food Hygiene Rating Scheme for 747 of the 816 Wetherspoon pubs listed on the FSA website.

London Village Inns takes sixth pub

15-Aug-2014 - Pub operator London Village Inns has taken its sixth pub The Westbury in Wood Green, on a lease from Punch Taverns to bring its portfolio to six.

BrewDog announces location of fifth London site and plans for eight more bars worldwide

14-Aug-2014 - BrewDog, the Scottish brewer and pub operator, has secured its fifth London site in Islington, the Publican’s Morning Advertiser has learnt.

Redcomb merges with Broken Foot Inns

13-Aug-2014 - Redcomb Pubs and Broken Foot Inns have completed their merger, creating a 12-strong group forecast to generate annual sales in excess of £12m.

Punch misses deadline to launch its restructure

11-Aug-2014 - Punch Taverns has delayed the launch of its £2.3bn restructuring to allow time for further talks.

Adnams confirms pub disposals will continue

08-Aug-2014 - Adnams will focus on brewing and distilling rather than its pub estate as its reasons for owning pubs “are diminishing”, chairman Jonathan Adnams has told the PMA’s sister title M&C Report.

Charles Wells announces re-brand and changes to operational divisions

08-Aug-2014 - Charles Wells has announced that it is to bring its major operating divisions back under its main parent company identity, which will see an updated look and operating processes for the firm.

Reet Ale Pubs takes over Blue Bee Brewery

07-Aug-2014 - Sheffield-based pub group Reet Ale Pubs has completed the takeover of Blue Bee Brewery.

Luminar announces details of £3.3m refurbishment programme

07-Aug-2014 - Luminar has announced a £3.3m refurbishment programme for the summer and confirmed opening dates for two new nightclubs in Wales.

World Cup helps Enterprise achieve 'encouraging' growth

07-Aug-2014 - Enterprise Inns saw like-for-like net income growth accelerate to 2.1% in the three months to 2 August, helped by the World Cup and the company’s “on-going operational initiatives”.

Chicago Leisure attracts interest

06-Aug-2014 - Sun Capital Partners is exploring its options for Chicago Leisure following expressions of interest in the bar and nightclub operator that it backs.

Be At One aiming to reach 120 sites

06-Aug-2014 - Be At One, the Piper-backed cocktail bar chain, is confident that it can eventually grow its estate to 120 sites in the UK, after reporting a 9% increase in like-for-like sales for the year to 30 March 2014, according to the PMA’s sister title, M&C Report.

Maclay eyes craft beer expansion

05-Aug-2014 - Scottish pub and bar operator Maclay Group is looking to add a craft beer offer across its 26-strong estate as the company reports a pre-tax loss of £169,895 in the 16 months to 1 February 2014.

Properties of the week

N Yorkshire: The Blacksmiths Arms

£550,000.00 - Freehold

Characterful public house / restaurant (70 covers) opportunity with living accommodationWeekly turnover, approx....

Staffs: The Crown - Free of Tie Pub with Bar and Restaurant.

Nil Premium - Tenancy

A terrific opportunity to operate an attractive country pub and restauarant in South Staffordshire.The Crown at...

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