The latest news from the pub industry's top companies, as well as deals, results and appointments from the City.
21-Oct-2014 - The isle of Arran Brewery has opened a company in the US to facilitate its imports into the country.
20-Oct-2014 - Spirit Pub Company has announced that it is willing to recommend a revised takeover offer from Greene King of approximately 109.5p, which values the company at c£700m.
17-Oct-2014 - Star Pubs & Bars has reassured its lessees that the sale this month of 111 pubs to Admiral is the end of the company’s disposal programme.
17-Oct-2014 - Young’s has completed the acquisition of 580 Limited, the operator of four pubs in prime London locations, for a total consideration of £10.4m on a debt free basis.
14-Oct-2014 - Toby Smith, who recently stepped down from Stonegate Pub Company, has been appointed the new chief executive of Novus Leisure, the London-based premium bar and restaurant operator.
13-Oct-2014 - Mitchells & Butlers (M&B) has appointed Phil Urban, outgoing managing director of Grosvenor Casinos, as its new chief operating officer.
10-Oct-2014 - McMullen’s, the Hertford-based family brewer, has launched a new website , featuring videos, online shop, enhanced social media channels and company blog.
09-Oct-2014 - Enterprise’s commercial director Ed Cottrell is to leave the business to pursue opportunities within the brewing and brands sector.
07-Oct-2014 - Punch Taverns has completed the final hurdle for its restructure, with the Royal Bank of Scotland (RBS) approving the move today.
07-Oct-2014 - Hawthorn Leisure, the pub group backed by May Capital, is believed to have entered exclusive talks to acquire Nectar Taverns, which operates 25 wet-led freehouses in the north-west.
06-Oct-2014 - Eclectic, the listed bar group, would look at groups for acquisitions as it sees the potential for consolidation in the late-night market, chief executive Reuben Harley has said.
06-Oct-2014 - Be At One, the Piper-backed cocktail bar chain, has reported a 9% increase in like-for-like sales for the 26 weeks to 28 September and secured a further regional site in Oxford.
03-Oct-2014 - Leicestershire brewer and pub operator Everards has announced an agreement with retailer Next to jointly promote the land currently occupied by its brewery for retail development.
03-Oct-2014 - Hydes Brewery, the Manchester-based brewer and pub operator, has acquired three freehold sites this year marking a return to the acquisition trail after streamlining the company.
03-Oct-2014 - Upham Pub Company has ruled out national expansion as it seeks alternative forms of finance for its next round of acquisitions.
02-Oct-2014 - Lloyds Bank has given its support to Punch Taverns’ restructuring – leaving approval by the Royal Bank of Scotland as the last remaining hurdle.
02-Oct-2014 - City Pub Company, the Enterprise Investment Scheme (EIS)-funded group, plans to raise a further £5m to £10m as it targets an estate of 25 to 30 pubs.
01-Oct-2014 - Mitchells & Butlers (M&B) is to significantly “temper” its organic expansion as it focuses on converting the former Orchid estate.
01-Oct-2014 - Kirk Davis, the current finance director at JD Wetherspoon, is to join rival Greene King from the start of next year as its new chief financial officer.
30-Sep-2014 - Roy Ellis, founder and ex-chief executive of Inventive Leisure, is to join the management board of JW Lees, the Manchester-based brewer and pub operator, as an external adviser, as the company accelerates its growth plans.
29-Sep-2014 - Late Knights, the London-based brewer and pub operator, has told M&C Report about ambitious plans to open a pub housing a bakery, café, cinema and eventually a farm.
25-Sep-2014 - Mitchells & Butlers (M&B), the managed operator, has reported a 0.1% rise in like-for-like sales in the nine weeks to 20 September following “difficult” trading conditions in the pub sector in August.
25-Sep-2014 - Punch Taverns chief operating officer Neil Griffiths is a “strong candidate” for the role of chief executive, and the group would look at candidates with retail skills from inside and outside the pub sector, executive chairman Stephen Billingham has said.
24-Sep-2014 - The new BrewDog bar opening in Islington will be called Dog Eat Dog and will focus on hotdogs and craft beer.
24-Sep-2014 - Shepherd Neame, the Kent-based brewer and pub operator, has reported a 8.9% rise in like-for-like sales across its managed pubs and hotels division in the year to 28 June 2014 and said that it had made a good start to the new year, maintaining recent momentum, in particular across pub estate.
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