Already operating the Distillery and the Button Factory in Birmingham, Mosaic Pub & Dining identified the three venues, situated around the city’s financial district and Jewellery Quarter, as an opportunity to firmly establish themselves in Birmingham’s growing leisure scene.
The company completed the purchase of Edmunds Bar & Brewhouse, the Queens Arms and the Rectory Bar on 31 August for a combined price of £1.3m, growing Mosaic’s pub portfolio to 21 sites across the UK.
Peter McDonald from Mosaic Pub & Dining said: “Birmingham is already an important location for us and this deal has been an ideal opportunity to increase our presence in the city with all three sites having exciting potential. Additionally, there will be logistical and purchasing benefits.”
Charles Jones, senior business agent at Christie & Co, which handled the sale, added: "I’m delighted to announce the off-market sale of a group of three pubs in Birmingham.
"I met with the vendor in early March 2018 and within one week, the offer was accepted.
"Four months later the sale has now completed, adding three sites with fantastic potential to the existing estate.
"I’m sure each of these pubs will be a tremendous success for the purchaser."