Investment

What's in the news 22 July?

Adaption will be key to survival

By Ed Bedington

The MA's Ed Bedington caught up with Lee Price operations director of the Royal Pier in Aberystwyth for his take on the week's news, from escalating costs to the rising temperatures.

Who owns the Laine Pub & Brewing Company?

Laine also acquired by Fortress

By Ed Bedington

The Laine Pub & Brew Co has also been snapped up by US-bank Fortress Investment Group as part of its acquisition of assets from Patron Capital & May Capital.

Who is trying to buy Punch?

Punch deal rumours remain unconfirmed

By Ed Bedington

Speculation over a potential deal for the purchase of Punch Pubs & Co continues to swirl with both parties refusing to comment.

Continuous innovation: ‘The work we’re doing now will help your pub run smarter in the future,’ Richard Stephens, head of technical services at Heineken UK says (Image: herraez/Getty Images)

In association with Heineken

Tech to play ‘even bigger’ role in pubs of the future

By The Morning Advertiser

Understanding data and predictive technology have been highlighted by Heineken as two ‘smart-tech’ trends to look out for in pubs, according to the beer giant’s Pub of the Future report.

Former history: a previous bid from Platinum was unanimously rejected by Marston's

Platinum walks away from Marston’s bid

By Nikkie Thatcher

Platinum Equity Advisors has announced it does not intend to submit a revised proposal for Marston’s and will not make a firm offer for the business.

Reinventing the wheel: JD Wetherspoon has invested millions into the new pub, which honours a local bus manufacturer

JDW pumps £2.6m into new site

By Nikkie Thatcher

Pub behemoth JD Wetherspoon (JDW) is set to open a new site in Leeds this week (Tuesday 21 July) after spending £2.6m developing the venue.

Former glory: publicans Mark and Clare Oglesby have teamed up with Ei Publican Partnerships to renovate the Bay Horse Inn

Ei supports licensees in £380k pub refurb

By Alice Leader

The Bay Horse Inn pub has been restored to its former glory after licensees Mark and Clare Oglesby and Ei Publican Partnerships pumped £380,000 into its refurbishment.

Investment: Molson Coors will boost Aspall's reach

Exclusive

Molson Coors to invest £7m in Aspall Cyder

By Nicholas Robinson

Molson Coors will pump millions of pounds into Suffolk-based Aspall Cyder to boost production and reach, The Morning Advertiser (MA) can reveal after the brewing giant announced its acquisition of the brand.

Investment: money for tenants has increased

What do Greene King’s joint ventures mean for tenanted pubs?

By Nicholas Robinson

Greene King will work with more pub industry stars on joint ventures after announcing the launch of a third site with celebrity chef Tom Kerridge this week, but managing director Clive Chesser vowed tenanted sites would not be forgotten.

Turn it up: improved performance at Deltic is 'down to refurbishments and rebranding'

Deltic results show trade ‘continues to improve’

By Fred A'Court

Clubs and bars operator Deltic Group says its trading performance continues to improve and there will be future improvements from a continued refurbishment programme of its premises.

Investment: The first project in Liverpool will create 15 new jobs

Heineken invests £4.6m into north-west locals

By Georgina Townshend

Heineken is investing £4.6 million into a selection of its Star Pubs & Bars sites in the north-west, including £1.2m in the Liverpool area, as part of a £20m investment programme.

Great Culture: Hawthorn Leisure announces 2016 results

Hawthorn Leisure reveals 'strong' third year results

By Mark Wingett, MCA

Hawthorn Leisure, the Avenue Capital-backed pub operator, saw group EBITDA increase 10.1% to £9m in the year to 25 December 2016, its third year of “significant growth” since its creation in May 2014.

Pub property sales from May 2017

Big pub deals in May

By Liam Coleman

An Asset of Community Value (ACV)-listed pub previously closed for 18 months has been sold to new owners. That plus more in our roundup of the biggest pub sales from the month just gone.

Save the Duke of Marlborough campaign story

Property

How to save a pub - The story of the Duke of Marlborough

By Liam Coleman

In December 2014, the last pub in the Suffolk village of Somersham closed its doors. Less than two years later, the pub has been bought by the local community and is on the verge of reopening. Here’s the story of the Duke of Marlborough.

Community pubs - the great success story?

My Shout

Community pubs - the great success story?

By Lawson Mountstevens, managing director at Star Pubs & Bars

The presumed death of the great British local has been a popular subject in headlines for many years - especially on slow news days. While it's true that wet-led pubs can no longer open their doors with a 'they'll just come' attitude,...

Duncan Garrood Punch sell 400 pubs investment

Duncan Garrood

Punch to sell 400 pubs for 'capital investments'

By Oli Gross

Punch expects to sell 400 pubs over the next four years, with sites likely to be sold ‘pub by pub’, the pubco’s chief executive Duncan Garrood has told The Morning Advertiser.