Greene King

Barons says new Spirit lease model shows best of pubcos

Barons says new Spirit lease model shows best of pubcos

By James Wallin, M&C Report

Clive Price, managing director of Surrey-based Barons Pub Company, has said his latest site with Spirit under a new style of leasehold proves pubco/tenant relationships can benefit both sides.

Greene King reports half-year revenue growth

Greene King reports half-year revenue growth

By James Wallin, M&C Report

Greene King has reported revenue growth of 5.3% across its retained business to £613.1m with profit before tax up 3% for the 24 weeks to 19 October.

Marston's and Greene King silent on Mulholland MRO ultimatum

Marston's and Greene King silent on Mulholland MRO ultimatum

By Mike Berry

Greene King and Marston’s are remaining tight-lipped over whether they will meet Save the Pub Group chair Greg Mulholland MP following his ultimatum to work with him or risk losing the right in the new pubs code to insist tenants sell their brands in...

Greene King and Spirit agree £773.6m deal

Greene King and Spirit agree £773.6m deal

By Mark Wingett, M&C Report

Greene King and Spirit have announced that they have reached agreement on the terms of a recommended offer, which will see the former acquire the latter in a £773.6m deal and create a 3,127-strong pub company.

Greene King gets Spirit bid extension

Greene King gets Spirit bid extension

By Mark Wingett, M&C Report

Spirit Pub Company has announced that it remains in talks with Greene King regarding the terms of a possible offer for the company, but has agreed an extension for these discussions to continue to 4 November.

Magners producer C&C Group poised to up Spirit bid

Magners producer C&C Group poised to up Spirit bid

By Mark Wingett, M&C Report

C&C Group, the drinks group behind Magners, has set out the rationale behind its approach for Spirit Pub Company yesterday, with sources close to the company suggesting that it is preparing a further bid for the Chef & Brewer operator.

Spirit expands training programme

Spirit expands training programme

By James Wallin

Spirit Leased Pubs has launched two new training packages on the back the popularity of its ‘In Pub’ programme.

Greene King delivers record full-year results

Greene King delivers record full-year results

By John Harrington

Greene King, the brewer and pub operator, has reported a 9.4% rise in pre-tax profits to £173.1m in the 53 weeks to 4 May, with the company saying it has now delivered four years of record results.

Spirit to restructure management team

Spirit to restructure management team

By John Harrington

Spirit Pub Company has announced that it is to streamline its management structure by combining its managed operations and commercial functions, in a move that will see current commercial director Clive Briscoe leaving the business at the end of May.

Greene King and M&B set to be among bidders for Orchid pubs

Greene King and M&B set to be among bidders for Orchid pubs

By Mark Wingett

Mitchells & Butlers (M&B), Greene King and Starwood Capital, are amongst six firms believed to be set to bid for all or part of the Orchid group, which was placed on the market last year with a price tag of c£250m.

Greene King sells 275 pubs to Hawthorn Leisure

New pubco snaps up 275 Greene King sites

By Mark Wingett

Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King for £75.6m.

Greene King loses tax appeal

Greene King loses tax appeal

By John Harrington

Greene King, the brewer and pub operator, has lost an appeal relating to its tax avoidance scheme and could be forced to pay back roughly twice the amount of tax it tried to avoid.

Spirit Leased sees four-fold rise in applicants

Spirit Leased sees four-fold rise in applicants

By Noli Dinkovski

Spirit Pub Company’s leased division has claimed its “flexible and innovative” approach to leasehold agreements and its commitment to on-site training has resulted in a four-fold increase in licensee applications in the first three months of 2014.

Spirit Leased pub company MD Chris Welham interview

The Big Interview: Chris Welham, Spirit Leased

By Michelle Perrett

Chris Welham, managing director at Spirit Leased, tells Michelle Perrett how he helped turn the ailing business around to build an estate that is now thriving, and how he plans to maintain the success.