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Capital unlocked: Stonegate boss Simon Longbottom is ready to invest in Ei estate, should the deal go through

Stonegate to invest in Ei Group portfolio

Stonegate is prepared to pump money into all aspects of Ei Group’s estate, should the deal go through, chief executive Simon Longbottom has told The Morning Advertiser (MA).

Heineken names new UK on-trade boss

Chris Jowsey, who is leaving Heineken as on-trade director to join Admiral Taverns, is to be replaced by Stephen Watt.

Ei Group and Stonegate deal only in the pipeline since May

Ei Group and Stonegate had only been discussing an acquisition deal since May, before deciding on a “generous” £1.27bn price, The Morning Advertiser (MA) understands.

Stonegate to buy Ei Group for £1.3bn

Stonegate Pub Company has today (18 July) agreed to buy pubco Ei Group for £1.27bn, which will see the operator’s estate rise by 4,000 sites, making Stonegate the UK’s largest pub owner.

Deliveroo scheme ‘will save pub operators 40%’

Deliveroo has launched a new service that allows pubs and restaurants to buy cooking ingredients and supplies at a reduced price.

Punch reopens historic sites after six-figure investment

Punch has reopened two pubs following transformation projects costing close to £1m.

Late night levy ‘could be final nail in coffin’ for pubs

Councillors have unanimously voted to introduce a late-night levy in the London borough of Southwark – a move expected to net the council close to £500,000 per year.

Stonegate’s biggest deals: a timeline of the pubco

Formed in 2010 by private equity firm TDR Capital to acquire 333 pubs from Mitchells & Butlers, Stonegate Pub Company has acquired 88 sites in the past six months – growing its portfolio to 772 sites nationwide.

Boutique accommodation succeeding but operators must up their game

The smaller and boutique end of the accommodation market – the area that pubs tend to operate – could be set to grow further as more Brits prepare to staycation this summer.

Former Great British Pub of the Year awarded more than £50k Erasmus funding

Great British Pub of the Year 2017, the Eagle & Child in Ramsbottom, Greater Manchester, has been awarded a €58,000 grant to fund learning projects across Europe.

Pub sales to take off amid staycation boom

The increasing number of British holidaymakers staying at home rather than jet-setting overseas can boost pub accommodation sales this summer.

How to spot a competitor’s fake hygiene rating

Operators who doubt a competitor’s food-hygiene rating is legitimate should report it to the Food Standards Agency (FSA), according to experts.

TripAdvisor still important to consumers

Like it or loathe it, almost three quarters (70%) of consumers say they use TripAdvisor because of its descriptive and helpful reviews, a new global study has found.