By M&C Report team2007-04-29T07:55:00+01:00
With more than 140 years of brewing beer and running pubs under its belt, fifth-generation family business Wells & Co has seen its fair share of tough economic times, but despite the impact of the pandemic, it is very hugely optimistic about the future of the great British pub.
Wells & Co is quickening the pace of expansion of its managed pubs business following the success it has seen since reopening after lockdown this year, group managing director Peter Wells told MCA.
Red Oak Taverns has acquired a package of 10 leased and tenanted pubs from Wells & Co, taking its total estate to 190, and is in the process of finalising terms for an additional £35m of capital.
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