Geronimo Inns has taken its estate to 15 properties with the purchase of the Lord Palmerston pub in Tufnell Park, North London, for an undisclosed sum. The company, which counts Chris Hutt as non-executive chairman and Rupert Clevely as managing director, now has six sites in North London. The site will remain open while undergoing a renovation, which is due to be completed by mid-September. The company's strategy is grow organically and develop its leasehold estate by two sites per year. It also plans to acquire airport and concession sites as well as managing pubs with central London property companies.