MA Leaders Club

In focus: what do the multipels think?

What the multiples think

By The PMA Team

One key relationship in the pub sector is the one between pubcos and their multiple tenants. The PMA Team looks at the results of a Morning...

Pub estate includes the Noble Vine in Surrey

Foundation's sixth site ready

By Gemma McKenna

Foundation Inns is gearing up to open its sixth site, following a £500,000 refurbishment at a pub in Oxfordshire. The King's Head & Bell, at...

BrewDog founders James Watt (L) and Martin Dickie (R) haver exercised a risky marketing approach

BrewDog looks to raise £2.3m

By Ewan Turney

Controversial micro-brewer BrewDog is hoping to raise £2.3m through a share rights issue to fund a carbon neutral brewery in Aberdeen.

Liquid & Envy: one of Luminar's brands

Luminar warns on profits after September

By The PMA Team

Nightclub company Luminar has reported a "significant risk" it will not meet profit forecasts for its current year, which ends on 25 February 2010. ...

Adnams distribution centre was subject to price fixing

Adnams was victim of price-fixing

By John Harrington

Suffolk brewer Adnams was a victim of the price-fixing scandal in the construction industry, the Office of Fair Trading has revealed.

Wadworth: hit by poor weather and rising costs

Profit down 13% at Wadworth

By The PMA Team

Devizes-based Wadworth saw a 1% drop in turnover to £49.609m in its most recent year to 30 September 2008, but operating profit was down 13% to...

Minerva: new owner

TCG sells lease of Minerva Hotel

By Gemma McKenna

Managed pub company Tattershall Castle Acquisitions has sold the lease of the Minerva Hotel pub in Hull, East Yorkshire, to local operator Phil Daly,...

Bateman: good progress in national sales

Batemans grows its sales

By The PMA Team

Lincolnshire brewer and pub retailer Batemans has reported an 8% increase in barrelage in its most recent year to just over 30,000 barrels....

Thomas: targeting 60 towns

95.5% take-up on Luminar share offer

By Ewan Turney

Nightclub operator Luminar Leisure has announced a 95.5% take-up from shareholders on its plan to raise £35.75, through a new share issue. On 31...

Reclaimed eccentric: that's the decor look as seen here at the Alto Lounge in Reading

Loungers looking for 30 sites by 2013

By The PMA Team

Loungers, the 10-strong neighbourhood café bar group based in the south-west, is set to add eight new sites by the end of 2010 as it expands away...

Camerons: looking to expand pub estate

Camerons trebles brewing capacity

By The PMA Team

The group installed ten brewing vessels at its site in Hartlepool which will increase beer production from 375,000 barrels a year to about one...

Charles Wells: strategic disposals

Charles Wells sells 11 pubs

By Ewan Turney

Charles Wells has sold 11 pubs with a further four under offer of the batch of 24 it put up for sale. The rural and urban pubs range in price from...

Furness-Smith: code should be dropped

Ditch alcohol code, says McMullens

By John Harrington

McMullens Brewery boss has given an impassioned plea to the Government to drop plans for its mandatory alcohol retailing code.

Thomas: looking to expand

Luminar to open 14 new nightclubs

By The PMA Team

Nightclub company Luminar has raised £35.6m of new equity, of which £32m will be spent on opening four Oceana and 10 Liquid nightclubs.

Furness-Smith: upbeat report in wake of falling beer sales

Exclusive: McMullen's to buy pubs

By The PMA Team

Hertfordshire brewer and retailer McMullen's believes that it is well-placed to buy pubs after avoiding paying peak-of-market prices in recent years....

Luminar

Luminar sales drop 3.3%

By The PMA Team

Nightclub company Luminar has reported same outlet sales fell by 3.3% during the first 18 weeks of the year to 2 July compared to the previous year....

Coubrough: time to grow

Third pub for Flying Kiwi

By Jo Bruce

A Kiwi chef has added a third pub to his group of Norfolk inns. Chris Coubrough, owner of Flying Kiwi Inns, has taken on a private lease at the...

Town centre venues were worst hit

ALMR: turnover in pubs falls 1.8%

By Gemma McKenna

Average pub turnover fell by 1.8% last year as costs in-creased 4% to a huge 52% of turnover, according to the ALMR.

Wadworth: tenants are happy

Most Wadworth hosts say rent is fair

By John Harrington

Six out of 10 Wadworth tenants agree their rent is fair, according to survey commissioned by the Wiltshire brewer and pub operator. A total of 60% agreed with the statement "I believe my rent is fair for the business I do".

Rupert & Jo Clevely of Geronimo Inns

Up and coming multiples

By The PMA Team

Up and coming multiples Rupert Cleveley, Lee Cash, Mark Butler, Chris Gerard, Brian Whiting, Nigel Haworth smaller managed pub operators (46) Why...

Cash: looking for joint venture partner

Peach Pub Company secures 11th site

By The PMA Team

Peach Pub Company has secured its eleventh site and launched a search for its next joint-venture partner. The company will open its second Almanack...

Thomas: would welcome initiatives to stamp out cheap alcohol

3D write down hits Luminar Leisure

By Ewan Turney

Late night operator has reported a post-tax loss of £21.5m for the year after writing down the value of its investment in 3D Entertainment.

Cognetas's Novus stake set to slide

Cognetas's Novus stake set to slide

By The PMA Team

Private equity company Cognetas is set to have its equity investment in Novus Leisure rendered worthless under restructuring plans.

Carson: headed up Eat Your Heart Out

Pub company Eat Your Heart Out liquidated

By The PMA Team

Eat Your Heart Out, the multiple lessee that was headed by Tony Carson, has gone into liquidation with creditors expected to be out-of-pocket to the...

Steve Thomas

Luminar sales fall 4.7%

By M&C Report

The nightclub operator says it will continue to offer value-for-money promotions.

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Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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