Hawthorn Leisure has agreed to buy eleven, town centre, managed pubs from JD Wetherspoon. This marks Hawthorn Leisure’s fourth acquisition since June 2014, and provides additional scale to Hawthorn Leisure’s operation by adding to the existing 50 managed/franchise pubs.
Chief Executive Gerry Carroll commented: ““We are delighted to welcome these eleven pubs and their management and staff to Hawthorn Leisure. This is another exciting development for our group, as we continue to invest in developing our high quality estate of pubs across the UK. In the past year, we have made fantastic progress in further building our team and operational capabilities, both in leased / tenanted and managed pubs, and we look forward to continuing this trajectory of growth. Our relentless focus on people, quality and delivering great value will ensure these pubs continue to offer a fantastic proposition for their existing and new customers.”
The purchase price has not been disclosed. Completion of the acquisition is expected in early May.