Pubs, Bars & Clubs News – Page 100
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D&D London rules out further talk of IPO
D&D London has said a future IPO is not on the cards, despite reports several years ago that it was on the verge of a £100m flotation.
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S.I Leisure looking to double estate to 10 next year
Southern-based multiple operator S.I Leisure is looking to double its estate to 10 pubs by the end of next year.
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Antic brings 11 sites to market
Antic London and Downing LLP have brought a package of 11 pubs, out of a total estate of 48, to the market through Fleurets.
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Rarebreed launching third site in Reading
Rarebreed Dining, the Havisham Group-backed gastropub operator, is to launch a third site, The Corn Stores, in Reading.
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St Austell eyes growth through “conscious innovation”
St Austell retail director Steve Worrall has told MCA that the family brewer is keen to ramp up its acquisition strategy in 2019 as it seeks to fill in the gaps between its Cornwall/Devon heartland and its investments around Bath.
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Thornbridge & Co confirm York opening
Thornbridge and Pivovar have confirmed that the second site for their joint venture will open in York in December.
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Oakman Inns considering separation of The Beech House concept
Oakman Inns is to “slowly migrate” its The Beech House concept away from the core business, as it looks to expand on the high street, MCA has learnt.
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Big Smoke Pub Co to open third site
Big Smoke Pub Co is to open its third pub later this month, The Flintgate Ale & Cider House in Weybridge, Surrey.
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Arc takes on Jamie’s Italian Newcastle site
Arc Inspirations has taken on the former Jamie’s Italian site in Newcastle, where it will invest £1.5m in the first Banyan Bar & Kitchen in the North East.
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Marston’s eyes further deals in wet-led community segment
Marston’s chief executive Ralph Findlay has told MCA that he sees further opportunities to buy packages of wet-led community sites but that the company’s main focus is building pubs with lodges attached.
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Cosy Club set for Gunwharf Quays
Loungers, the Nick Collins-led group, has further strengthened its openings pipeline for next year for its Cosy Club brand by securing a site in Portsmouth’s Gunwharf Quays scheme, MCA understands.
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Revolution terminates talks with Deltic
Revolution Bars Group has announced that its talks with the Deltic Group have been terminated.
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Downing LLP parts company with Burning Night
Downing LLP, the pub investment vehicle, has parted company with the Burning Night Group amid concerns over the latter’s financial position and overrunning costs at two major sites, MCA has learnt.
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Marston’s acquires 15 Aprirose pubs
Marston’s has reached agreement to acquire 15 former Mitchell’s & Butlers’ pubs from Aprirose.
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Burning Night placed into administration
The Burning Night Group, the Leeds-based bar operator, has been placed into administration, MCA understands.
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BrewDog to launch bar franchise offer
BrewDog is to launch a bar franchise offer in the UK, as part of its BrewDog Blueprint of 30 initiatives to drive growth over the next decade.
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Amber Taverns secures first Scottish site
Amber Taverns, the wet-led community pub operator, has secured its first site in Scotland, MCA understands.
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Study shows 92% of councils recognise value of late night sector
A study by the Local Government Unit and the Portman Group, which found that 92% of councils believe that the night time economy will play an important role in preventing the decline of the high street, has been welcomed.
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Shepherd Neame confirms acquisition of Ebbsfleet site for pub hotel
Shepherd Neame has confirmed it has acquired a new site at Ebbslfeet Garden City, a major strategic development bordering Greater London and Kent.
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Red Oak Taverns secures £42m fund from OakNorth
Red Oak Taverns, operator of 161 pubs, has secured a £42m refinancing and acquisition package with OakNorth, MCA has learnt.