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Movers & Shakers

Keep up to speed with the biggest deals and acquisitions in the pub trade with in-depth results and analysis from our city reporters.

Innventure reports December sales increase

03-Jan-2012 - Managed pub operator Innventure has reported a 14.5% increase in like-for-like sales during the three key weeks of December compared to the year before.

Arkell's buys Enterprise pubs

03-Jan-2012 - Arkell’s, the Wiltshire-based brewer and pub operator, has acquired a pair of pubs from Enterprise Inns.

Punch warning on outlook as sales increase

16-Dec-2011 - Punch Taverns, the tenanted and leased pub company, continued to see improvement in like-for-like trends across its core estate for the 16 weeks to 10 December, driven by its pubs in the South, which offset declines across its sites in the North, and disposals.

Like-for-like sales up at Spirit

16-Dec-2011 - Spirit Pub Company, the managed pub operator, has this morning reported a 6.2% increase in like-for-like sales across its managed estate for the 16 weeks to 10 December, and said it was on track to meet full year expectations.

Whitbread to meet FY expectations

13-Dec-2011 - Whitbread, the owner of Beefeater and Brewers Fayre, said this morning that it was on track to meet full-year expectations, as it reported a rise in like-for-like sales across all its divisions for the 13 weeks to 1 December, but warned that trading continued to be “variable”.

Marks-led group completes Luminar deal

12-Dec-2011 - A new group led by industry veteran Peter Marks, who was formerly chief executive at Brook leisure and Sports Café, has completed the acquisition of nightclub operator Luminar out of administration in deal worth around £45m.

New pubco targets 50 sites

06-Dec-2011 - Cirrus Inns, a new pub company featuring Mark Askew, outgoing executive head chef at Gordon Ramsay Holdings (GRH) and Polly Dyson, former finance director at Geronimo Inns, has been set up with plans to create an estate of up to 50 pubs with accommodation across the UK countryside.

Brulines sees half-year results hit by pub closures

06-Dec-2011 - Brulines, the beer flow monitoring company, has reported falls in turnover and pre-tax profit for the six months to 30 September 2011, on the back of pub closures and disposals.

RBS sells 918 pubs to Heineken

02-Dec-2011 - Royal Bank of Scotland (RBS) has sold 918 freehold pubs, the portfolio known as the Galaxy estate, to Scottish & Newcastle Pub Company (S&NPC), a subsidiary of Heineken, for £422m, in the largest deal in the tenanted pub sector for eight years.

Fuller's reports like-for-like sales rise

25-Nov-2011 - Fuller’s, the London-based brewer and pub operator, has this morning reported a 3.9% rise in like-for-like sales across its managed pubs and hotels division for the 26 weeks to 1 October 2011.