Who bought out Punch Taverns?


Who bought out Punch Taverns?

Fortress Investment Group
Fortress Investment Group is acquiring Punch Pubs & Co., one of the U.K.’s largest pub companies with 1,300 venues, from Patron Capital as the industry consolidates to better weather the pandemic.

Where is Punch Taverns head office?

Burton upon Trent, United KingdomPunch Pubs & Co / HeadquartersBurton upon Trent, also known as Burton-on-Trent or simply Burton, is a market town in Staffordshire, England, close to the border with Derbyshire. In 2011, it had a population of 72,299. The demonym for residents of the town is Burtonian. Wikipedia

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 own?

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.

What pubs do punch own?

The gastro pub, the drinkers pub, the micro brewery and the sports bar, the country pub, or the always-been-there pub, the doggy pub and the good old pubby pub. Whatever you call ’em we’ve got the perfect pub for you.

How many pubs do Heineken own?

We love pubs With 2,400 pubs across the country, our love of pubs runs deep.

What pubs do Marstons own?

The company owns and operates six breweries (as of July 2020): The Park Brewery in Wolverhampton brews Banks’s and Mansfield beers plus most Thwaites beers under contract. The Marston’s Brewery in Burton upon Trent brews Marston’s and Bass plus Tetley’s beers under contract. The Jennings Brewery in Cockermouth.

Who is the CEO of Punch Taverns?

Clive Chesser –
Clive Chesser – CEO – Punch Pubs & Co | LinkedIn.

What Pubs do Marstons own?

What is a wet led pub?

A wet pub, or ‘wet-led’ pub, is a bar which doesn’t serve food and relies entirely on the sale of drinks for its business.

What does ingoing cost mean?

What is the breakdown of ingoings? Broadly speaking the ingoing costs for a pub consist of a deposit, stock, glassware and sometimes the working capital you need to float the tills, buy additional stock and pay staff.

How many pub stars are there in the UK?

Star Pubs & Bars are one of the leading leased and tenanted pub companies in the UK with approximately 2,400 pubs in our estate. As the leased pub business of HEINEKEN UK, we’ve a choice of great pubs to let, all backed by a major capital investment programme.