All City Pub Company articles
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NewsYoung’s completes acquisition of City Pub Group
The deal will significantly strengthen Young’s’ presence in London and in new geographies, while bringing together two ‘complementary, culturally, strategically aligned’ businesses
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NewsShareholders approve City Pubs takeover
Shareholders voted in favour of the Young’s deal by 99.69%, which values City Pub Group at £162m
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OpinionDominic Walsh: All hell breaks loose in the leisure sector
Dominic Walsh offers his take on a flurry of activity, including changes at the top at Marston’s, another big payday for City Pub Co’s Clive Watson, and a farewell to Stonegate chairman Ian Payne after 50 years in pubs
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Analysis & InsightAcquisition of City Pub Group an ‘inspired move’ from Youngs
Young’s proposed £162m takeover of the Clive Watson-founded City Pub Group demonstrate its ambition to branch out of its roots as a purely regional pub company, while showing premium pub assets can still command a premium price, industry sources tell MCA
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NewsYoung’s makes bid to acquire City Pubs, valuing it at £162m
According to Young’s, it has closely followed the City Pubs estate for some time and holds the premium, well-invested, and wet-led approach in high regard, presenting an attractive opportunity for Young’s to drive future growth
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NewsCity Pub Group completes further acquisitions
The 52-strong premium pub operator has acquired two pubs in Oxford and London’s Soho, and continues to consider acquisitions in areas where it already has a presence
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InterviewsCity Pub Group in ‘strong position’ for growth
The group will continue to look for predominantly wet-led, freehold pubs as part of its acquisition strategy, and is in a strong position due to its low debt, CEO Clive Watson tells MCA
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NewsCity Pub Group targets 5 sites a year
The pub company, which reports H1 revenues are up 21%, is currently negotiating on a number of acquisitions, as part of a measured, organic approach to growth
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Weekend PressHeatwave a ‘huge relief’ for the hospitality sector after miserable summer
Soaring temperatures over the past week have come as a “huge relief” for the hospitality sector and boosted pub trading significantly, the Evening Standard reports
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NewsStonegate and City Pub Group join BBPA
The British Beer and Pub Association, whose members collectively represent over 20,000 UK pubs, has welcomed 13 new members this year
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InterviewsCity Pub: ‘We're very confident in our numbers’
The like-for-like growth achieved by the group shows consumer demand is still very strong – but customers aren’t just going to fall at our feet, CFO Holly Elliott tells MCA.
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NewsCity Pub achieves 20% sales uplift; secures majority shareholding in Mosaic
The group reported a like-for-like sales increase of 13% for the first 23 weeks ended 4 June 2023, which it said would have been higher had it not been for the impact of the rail strikes.
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NewsSunday Coronation sales ‘really strong’ for City Pub Group
While this Saturday was a “washout” in terms of the weather and sales, Sunday saw a big boost in trade for the group thanks to Coronation celebrations, executive chairman Clive Watson said
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InterviewsCity Pub Group gears up for economic uptick
The premium pub company sees “good opportunities” in the market for pub acquisitions, but is primarily focussed on organic growth within the existing estate, CFO Holly Elliott tells MCA
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NewsCity Pub Group confident in coming year
Like-for-like sales were up 3% in FY2022 and 13% in Q1 FY2023, with the 43-strong pub operator focusing on premiumisation and increasing its investment in Mosaic
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InterviewsCity Pub Company: 2023 to see 'return of the city'
Executive chairman Clive Watson speaks to MCA about strong Q4 trading, organic growth and selective acquisitions for controlled expansion
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NewsCity Pub Group trading ‘better than expected’
The pub operator achieved strong like-for-like sales growth over Christmas, as it announced board changes and two new site acquisitions
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NewsCity Pub makes first CMO appointment
Richard Myers joins the group from Urban Pubs & Bars as it gears up for its next phase of growth.
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NewsCity Pub Company: ‘We are curtailing our expansion and refurbishment plans’
Chairman Clive Watson said expansion plans have been paused amid staff shortages, higher operating costs, and decline in spend
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NewsCity Pub launches share buyback programme
The 40-strong pub group has commenced a share buyback programme, in respect of its ordinary shares of 1p each, as referenced in its interim results last month