Stonegate’s intention to buy Ei Group for £1.27bn could make the latter business stronger than ever under the leadership of boss Simon Longbottom, one industry spectator has ventured.
A Sheffield licensee has said she wants publicans who are thinking about beginning the process to go free of tie from their pubco/brewery to know “there is light at the end of the tunnel”.
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 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).
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.
Ei Publican Partnerships, Molson Coors and Sky Sports have agreed a partnership that will see them deliver bespoke sports experiences across Ei’s estate of leased and tenanted pubs.
Pubco Ei Group has invested more than £3m into pubs across the West Midlands over the past six months, as part of the group’s capital investment of £80m a year across its estate.
A petition backing the operators of a suburban pub in their efforts to purchase the site’s freehold from Ei Group has achieved more than 1,000 signatures.
Struggling pubs are something we read about on a regular basis, with many pointing the finger of blame at large pubcos, but one big company is doing the exact opposite and working hard to revitalise those operations and it would surprise many to know...
There are too few women at the top level in business across the world and the UK. While pubs and bars can't escape that fact either, here we tell the stories of nine women at the top in the on-trade.
Ei Group will continue to invest in its managed house operation and plans to increase the number to more than 400 this year before reaching 500 in 2020, said chief executive Simon Townsend.
One tenant has spoken out about a “draining” two-year experience negotiating a free-of-tie rent figure with Ei Group and describes feeling penalised by the process.
Ei Group is to help offenders qualify for work as chefs in the pub business after their release, in a partnership with a charity focused on reducing re-offending rates.
One of the UK's largest pub operators Ei Group has remained quiet on the details of its recent £348m property sale, but "will communicate with publicans" soon.
Pubco Ei Group’s tenanted and leased arm Publican Partnerships is joining forces with some of the nation’s brewers and drinks companies to give away thousands of drinks next January.
The Campaign for Real Ale (CAMRA) has urged Ei Group to sell its pubs to other operators after news the pubco is set to sell its commercial property branch.
Ei Group hosted an inaugural food strategy immersion day for regional managers and divisional directors as part of a new partnership with University College Birmingham (UCB).
Two of the biggest pub groups, Ei Publican Partnerships (EiPP) and Star Pubs & Bars, have joined forces to promote and grow the 2018 National Pub Fortnight, a 14-day celebration of the great British pub.
Ei Publican Partnerships (EiPP) has moved its EiLive trade shows from spring to autumn to offer licensees support ahead of the crucial trading periods of Halloween, Bonfire Night and Christmas.
Although a different bidder will take over management of the Greys pub in Brighton, local residents who campaigned to buy the site and run the famous music venue as a community pub consider their campaign a triumph.
An "innovative" new programme that could see pupils from six schools across England and Wales secure jobs in the pub trade has been launched by the Ei Group.
Ei Commercial Properties has "further strengthened its relationship" with barbecue restaurant chain Hickory’s Smokehouse following a "major £1m-plus investment" in Merseyside.
