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IFBB stats show family brewers buy more pubs

By John Harrington , 22-Jan-2013

Staughton: Family brewers continue to invest in their estates

Staughton: Family brewers continue to invest in their estates

Family brewers bought 58 pubs in the year to the end of July 2012, 10 more than in the previous 12-month period.

That’s according to new figures from the Independent Family Brewers of Britain (IFBB), which represents 29 companies.

The IFBB said member companies invested more than £450m in their pubs and breweries over the past three years, with more than £60m spent on breweries and in excess of £395m on the purchase and improvement of their pub estates.

“It’s hugely positive that we continue to buy and improve pubs, as well as invest in our breweries, during such difficult times,” said IFBB chairman James Staughton. “We anticipate that this trend will continue throughout 2013.”

A number of family brewers have recently said they plan to buy more pubs this year.

JW Lees is looking to add 10 sites in 2013, and Charles Wells hopes to continue pub acquisitions at a similar rate as in 2012 - it bought four last year. St Austell, Hook Norton and Brains are among other family firms that are eyeing possible pub purchases.