What happened to Punch Taverns?
Punch Taverns, which owns around 3,200 sites leased out for bars and pubs, has been sold in a deal worth £1.8 billion. It was been acquired by pan-European institutional investor Patron Capital, which specialises in property-backed investments, valuing the pub company’s equity at around £402 million.
How many pubs do Punch Taverns have?
Punch Pubs & Co is a pub and bar operator in the United Kingdom, with around 1,300 leased pubs. It is headquartered in the traditional brewing centre of Burton upon Trent in Staffordshire.
Who bought Punch Taverns?
investor Fortress
Punch Pubs has been bought by the private equity investor Fortress in a deal for almost 1,300 British pubs thought to be worth as much as £1bn. The company’s pub landlords employ about 20,000 people, although Punch employs only 280 people directly.
Who is the CEO of Punch Taverns?
Clive Chesser
Clive Chesser (CEO) – 14 years in the pub sector. Previously MD of Greene King’s Brewing Brands and Pub Partners divisions. Operations Director at Enterprise Inns. Experienced in International Franchising with senior roles at SSP and Häagen-Dazs.
How many pubs does Stonegate own?
Stonegate is the largest pub company in the UK operating c. 4,800 pubs across the country formed through the merger of Stonegate Pub Company and Ei Group in March 2020.
What is the biggest pub chain in the UK?
Following their acquisition of the Ei Group, Stonegate became the largest pub company in the UK with 4,708 pubs throughout the country. They were followed, respectively, by Mitchells & Butlers plc, JD Wetherspoon, and Whitbread.
Who owns the most pubs in the UK?
Who owns pubs in UK?
Following their acquisition of the Ei Group, Stonegate became the largest pub company in the UK with 4,708 pubs throughout the country….Leading selected pub companies in the United Kingdom (UK) in 2020, by number of units.
| Characteristic | Number of units |
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