Cloverleaf Pubs, a Blackburn-based managed pub-restaurant group, has been put up for sale for about £40m, M&C Report understands. The company, which is led by former Whitbread executive John Winder, is believed to produce annual underlying profits (ebitda) of between £4m and £5m. It is thought that the deal will appeal to managed house operators such as Greene King, Marston’s, Orchid Group and Spirit Group. Cloverleaf owns seven freehold pub-restaurants trading plus an additional two under construction. In addition it is thought to have a further six sites agreed in a pipeline. The sale is being handled by GVA Grimley and bids are due mid-June. It pubs, which have all been built since the company was formed in 2004, are located in Bury, Doncaster, Haydock, Nottingham, Rotherham, Runcorn and Sheffield. Sites are scheduled to open this summer in Burnley and Derby. More information is available at the company’s website: www.cloverleafpubs.co.uk In addition, it is thought that some of the company’s pubs have been granted outline planning permission to construct budget hotels.