M&B to acquire small package of Whitbread sites

How-much-has-Mitchells-and-Butlers-raised-from-shareholders.jpg

Acquisition: M&B takes on small package of Whitbread sites

Mitchells & Butlers (M&B) is to acquire a seven-strong package of sites from Whitbread, which will be converted to either Miller & Carter or Toby Carvery.

The pub and restaurant group has exchanged on the package, which is understood to include two former Beefeater sites – The Albert in Colchester and The Cross Hands in Cheltenham, and two former Brewers Fayres – The Guild in Bromsgrove and The Duke of York in Dover, alongside a handful of Premier Inn locations.

It follows Whitbread’s announcement to replace all of its 197 remaining restaurants with a more efficient integrated F&B offering. Whitbread has already agreed the sale of 51 branded restaurants for £50m last year, including sites under the Beefeater, Brewers Fayre, and Bar+Block concepts.

This story was originally published in The Morning Advertiser’s sister publication MCA. Read the full story here.

M&B to acquire small package of Whitbread sites

Mitchells & Butlers (M&B) is to acquire a seven-strong package of sites from Whitbread, which will be converted to either Miller & Carter or Toby Carvery.

Related Topics

M&B posts ‘robust’ first half of financial year, lfl sales up 3.3%

M&B toasts lfl sales boost of 7.7% for core festive period

M&B reports ‘another year of strong performance’ as profits rise