All Admiral articles

  • TrafalgarInn-Harwich-054-1536x1022

    C&C sells stake in Admiral Taverns


    The Bulmers supplier disposed of its minority interest in the pub company for £55m to Proprium Capital Partners

  • Chris Jowsey

    Soaring energy prices threaten last orders for pubs


    Hospitality and leisure sector businesses are struggling to secure manageable gas and electricity deals, the Financial Times reports

  • Chris Jowsey

    Admiral reports resilience performance for FY21


    Admiral Taverns’ CEO Chris Jowsey said the pandemic and the UK government’s response to it “had a seismic impact on the hospitality sector”

  • Drinking pints
    Analysis & Insight

    Budget reaction: Wet-led community pubs hailed as winners


    Alcohol duty reform was received positively and “should be introduced as soon as possible” while the one year 50% discount on business rates was seen to favour smaller operators and community pubs.

  • PubConf_125
    Analysis & Insight

    Pub deals show 'genuine demand' for market


    Pub deals such as Admiral Taverns’ acquisition of Hawthorn and Punch’s of Ram Pub Company show buyers are willing to look “forwards, not backwards”, Simon Johnson of CBRE has said.

  • The Pub Conference

    Star MD: L&T sector in ‘watershed moment’


    The leased & tenanted pub sector has been a through “watershed moment” during the pandemic, showing the strength of the partnership model, Lawson Mountstevens, MD of Star Pubs & Bars has said.

  • Proper Pubs - Brown Cow, Greenacre 2

    Hawthorn launches Proper Pubs platform


    Hawthorn has announced the creation of a new operator managed platform called Proper Pubs. Proper Pubs will represent about 20% of the Hawthorn estate. Proper Pubs is run by director of managed operations, Mark Brooke, who joined Hawthorn last year. Admiral Taverns completed the acquisition of Hawthorn for £222.3m last week.

  • Mark Davies

    Davies steps down from Hawthorn as sale completes


    Mark Davies has stepped down from his position as chief executive of community pub company Hawthorn following the completion of the sale of the business to Admiral Taverns.

  • Hawthorn-leisure-acquisition-of-11-pubs-from-JD-Weatherspoon-2

    Admiral and Hawthorn ‘made for each other’


    Originally announcing plans to go public as a standalone company in April, in the event it was a trade buyer that sealed the deal for Hawthorn.

  • Hawthorn-Pub

    Admiral Taverns to acquire Hawthorn in £222m deal


    Admiral Taverns has reached an agreement to acquire community pub company Hawthorn from parent company NewRiver, for a cash consideration of approximately £222.3m.

  • Chris Jowsey

    Admiral Taverns sees profits down by a third


    Admiral Taverns has achieved an underlying operating profit of £11.1m, down from £17.2m in 2019, for the 52 weeks to 30 May 2020.

  • Beer garden

    Admiral warns of mass closures if outdoor-only pub policy goes ahead


    Chris Jowsey, chief executive of Admiral Taverns has warned that up to 25% of its pubs could close if the government brings in an outdoor-only policy when restrictions are relaxed for pubs.

  • rishi_sunak_660_190220061038_210320091509
    Analysis & Insight

    Sunak’s sector support – help out or wash out?


    The Chancellor, it seems, has done it again. For all the pre-emptive whispers of potential VAT cuts and unprecedented (in the UK, at least) voucher schemes, Rishi Sunak’s Summer Economic Update didn’t disappoint. But if the coronavirus crisis has taught us anything, it’s that glorious headlines don’t always equate to glorious results – something hospitality’s ‘squeezed middle’ know all too well. So how will Sunak’s Plan for Jobs work in reality?

  • Chris Jowsey

    Admiral Taverns to offer tenant support to April 2021


    Admiral Taverns’ tenants are being offered tapered rent support from reopening all the way through to April next year, the company has announced.

  • Chris Jowsey

    Admiral to ask tenants for rent contribution


    Admiral Taverns will ask some pub operators to contribute towards rent for May and June, as it seeks to balance “short-term and long-term needs”.

  • Greene King

    Admiral, Greene King and St Austell to offer click and collect grocery


    Online wholesaler StarStock has teamed up with Brakes, Coca-Cola European Partners and Use Your Local to launch, an e-commerce platform for pubs to offer essential groceries like bread, eggs and milk via click and collect. Admiral, Greene King and St Austell have all signed up. Admiral CEO Chris Jowsey said: “We are doing everything we can to support our pub operators through this extremely challenging period.

  • Chris Jowsey

    Admiral “pleased” with performance against “challenging backdrop”


    Admiral Taverns has said underlying group EBITDA rose 6.2% on the previous year to £23.7m, after it released its results for the 52 Weeks ending 1 June 2019. It also said like for like sales at its 713-strong retained estate were up 4.3%. And it said it had invested £8.1m over the last 12 months and its estate was now valued at £259.8m despite disposing of 46 pubs during the period, which reflected that investment.

  • Restaurant

    Looking for signs of life


    Graeme Smith and Craig Rachel look at M&A activity in 2019.

  • Greene King

    M&A Review of the Year


    It certainly hasn’t been a year in hospitality M&A for the faint hearted, but for those who have stuck with the sector and taken a long-term view, opportunity has knocked. Despite fears of an investor hiatus as a result of lingering uncertainty (ongoing Brexit delays certainly haven’t been helpful to M&A advisors!), the past 12 months has again proved the robustness of the M&A market in this sector, and points to further opportunities for 2020.

  • Ralph Findlay

    Marston’s confirms deal with Admiral on pub disposals


    Marston’s has announced that it has reached an agreement for the disposal of 137 of its pubs to Admiral Taverns, for £44.9m.