Pubs, Bars & Clubs News – Page 152
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NewsEiG announces Three Cheers as latest Managed Expert
Ei Group, formerly Enterprise Inns, has announced that its next managed operator partnership will be with Three Cheers Pub Co – the London-based gastro pub operators.
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Over £8.5k raised for Manchester Hospital Staff to ‘have a drink’
Many acts of kindness showing the true spirit of British people, and the hospitality industry surfaced yesterday
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Wadworth acquires GK pubs
Wadworth, the Wiltshire-based brewer and pub operator, has revealed details of a £6.5m investment in its managed house estate with the acquisition of three sites.
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Amber grows Hogarth’s estate to 12
Amber Taverns has lined up two more openings for its Hogarths gin palace format – to take the estate to 12, MCA has learnt.
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Portfolio of Punch and GK pubs sold for £9.5m
A pub portfolio including sites let to Punch and Greene King has been acquired for £9.5m.
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Eclectic to begin Smash expansion
Eclectic Bars Group is to begin the expansion of its fledgling ping pong, craft beer and pizza concept, Smash
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Mcaneney launches Scottish-themed concept with Star
Scottish hospitality entrepreneur Billy Mcaneney has launched a new partnership with the operator of Glasgow Café Antipasti, Neil Douglas.
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Stringer leaves We Are Bar
We Are Bar Group, formerly Kornicis, has announced the departure of chief executive Richard Stringer with immediate effect.
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Wild Beer preps for £10m brewery project
Wild Beer Co, the Somerset craft brewery and operator, has acquired a shipping container to boost its presence in other parts of the UK, MCA has learnt.
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NewsCity Pub Co sales up 43%
City Pub Company has seen revenue in the first 21 weeks of the year grow 43% year-on-year, MCA has learnt.
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Craft Union announces raft of new openings
Craft Union – Ei Group’s largest managed house division – has added 31 sites in the past three months.
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NewsM&B: Consumer confidence; innovation ethos; early tech trialists
MCA talks to Mitchells & Butlers (M&B) chief executive Phil Urban about the consumer landscape; the value equation; the return of the company’s innovation ethos; the optimum size of a concept’s estate and how new format Son of Steak might potentially become a solution for part of the company’s retail & leisure parks estate.
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NewsRevolution’s share price plunges after profit warning
The share price of Revolution Bars Group declined by close to 38% in afternoon trading as the City reacted to the profit warning it issued this morning
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Revere closes Cardiff site
Revere, Marston’s premium managed arm, is closing its Locke & Remedy site in Cardiff.
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Revolution grows FY lfls 1.7%
Revolution Bars Group has given a brief update on expectations for the 52 weeks to 1 July, reporting like-for-like sales up but saying new sites are taking longer than expected to hit full profitability.
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NewsCharles Wells eyes group pub deals
Charles Wells chief executive, Justin Phillimore, has told MCA that the company will target group acquisitions alongside organic growth of its managed estate, following the sale of its brewing business to Marston’s.
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NewsMarston’s: Charles Wells; pub deals; pricing and lodges
MCA talks to Marston’s chief executive Ralph Findlay and managing director of Marston’s Beer Company, Richard Westwood, on the back of the £55m acquisition of Charles Wells.
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Be At One confirmed for Bournemouth
Be At One has confirmed it has secured its second south coast venue, in Bournemouth.
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Shepherd Neame to launch keg-only format
Shepherd Neame’s new opening in a retail unit at Chatham’s marinas will be a keg-only offer, MCA understands.
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Townsend: Punch deal great for sector
Simon Townsend, chief executive of Ei Group, has told MCA that he sees Heineken’s imminent acquisition of rival Punch as “a great statement of confidence in the future of UK pubs”