Wye Valley Brewery, the Herefordshire-based brewer and pub operator, has bought its fifth pub. The company has bought the Old Pelican in Gloucester, which is set to undergo some refurbishment work before reopening later in the year. Vernon Amor, managing director of Wye Valley Brewery, said: “We are excited by the prospect of reviving the fortunes one of Gloucester’s historic pubs.” Wye Valley’s other pubs include the Britannia Inn and the Barrels in Hereford; the Morgan in Great Malvern; and the Rose & Lion in Bromyard.