The sale will see 21 sites join Admiral’s award-winning estate of 1,350 community, wet-led pubs.
RedCat, which was founded by chair Rooney Anand in 2021, said the move marked a “strategic milestone” and would allow the company to focus on investment and acquisitions across its managed estate, which includes the Coaching Inn Group and RedCat Independent Pubs.
Greatest opportunity
Commenting on the deal, RedCat CEO Richard Lewis said: “This is the right move for our business. RedCat’s greatest opportunity lies in further expanding and investing behind our managed business and pubs-with-rooms model, where we see strong and sustained customer demand.
“On behalf of the wider business, I want to recognise our pub partners and thank Ali Martinez, who has led the division with commitment and integrity. We are proud of the partnership we’ve built, and are pleased to see these pubs transfer to Admiral Taverns, a proven and high-quality operator of community pubs.”
Admiral Taverns boss Chris Jowsey added: “We are passionate about championing great community pubs and are delighted to welcome our new licensees and colleagues into the Admiral family.
Step forward
“This high-quality portfolio complements our existing estate and marks yet another step forward against our strategy, as we continue to expand our nationwide footprint and cement our position as the UK’s leading community pub group.
“We look forward to supporting these pubs and enabling them to thrive at the heart of their local communities, up and down the country.”
