City Pub Company has reported its interim results for the six months ended 30 June 2015. The Company has achieved significant revenue growth, strengthened its balance sheet and expanded its high quality estate to 22 pubs following four recent acquisitions. Clive Watson, Chairman commented: “These are exciting times. We have achieved significant progress in the first six … [Read more...]
Major acquisition in Doncaster for Batemans
Batemans, the family brewer based in Lincolnshire, has purchased The Olive Bar & Grill in Barnby Dun, Doncaster, at an investment of more than £900,000. This is the company’s first major acquisition since the employment of its new Retail Director, Linda Green and is a key step in its on-going development plan to build the managed division of its business. The Olive Bar … [Read more...]
Punch to sell its holding in Matthew Clark
Punch Taverns has announced the proposed disposal to Conviviality Brands Ltd of its 50% interest in Matthew Clark (Holdings) Limited for £100.7 million in cash. Duncan Garrood, Chief Executive Officer of Punch Taverns plc, commented: “We are pleased to have agreed the disposal of our investment in Matthew Clark and at a significant premium to our current book value. The sale … [Read more...]
Ready for the World Cup: Twickenham develops Stadium Bars
Levy Restaurants commissioned SHH interiors and architecture practice to upgrade RFU Twickenham Stadium bar development’s extensive hospitality services in order to be a truly world-class offer in time for the 2015 Rugby World Cup. At the same time, the RFU had changed a number of its core DNA brand elements and these needed to be incorporated into any new designs. 40 bar … [Read more...]
Meantime Brewing marks 10,000th visitor on brewery tours in 2015
Meantime Brewing Company is marking a major milestone in welcoming its 10,000th guest on a tour of the state-of-the-art brewery in Greenwich. Since unveiling the Tasting Rooms in December 2014, visitor numbers to the brewer’s flagship site on Blackwall Lane have soared, surpassing projected targets in just eight months and well up on last year. Growing popularity of craft … [Read more...]