Laine also acquired by Fortress
The Laine Pub & Brew Co has also been snapped up by US-bank Fortress Investment Group as part of its acquisition of assets from Patron Capital & May Capital.
Archives for December 15, 2021
Covid passports and chocolate fireguards - a study in stupidity
And so, the divisive Covid passports come into effect today for nightclubs and large gatherings across England.
December set to be weakest trading period of 2021
December is set to be the weakest trading month of the year following the surge in Omicron cases and the announcement of Plan B restrictions causing cancellations, lost revenue, and decreased footfall, according to one Kent-based operator.
Anspach & Hobday smashes crowdfunding target
South London-based brewer and operator Anspach & Hobday has almost doubled its crowdfunding target as it looks to expand its production facilities in a bid to take on Guinness with its London Black stout.
Covid Passes for nightclubs come into force today
Proof of vaccine status or a negative lateral flow test is in place today (Wednesday 15 December) after MPs voted in favour of the move last night (Tuesday 14 December).
Pub to serve free meals to those alone on Christmas day
The Alexandra in Wimbledon, London, will serve free Christmas dinners to guests spending the 25 December alone to combat loneliness, a scheme the owners started in 2014.
Record M&A activity predicted for pub sector next year
Record M&A activity for the pub sector is forecast for 2022, according to property agent CBRE.
Punch acquired by US-based investment firm
Investment management company Fortress Investment Group has acquired Punch Pubs & Co for an undisclosed sum.
New rules 'kill Christmas' for Scottish pubs
Nicola Sturgeon announced yesterday (14 December 2021) the reinstitution of tighter coronavirus restrictions for pubs across Scotland such as social distancing and data collection for contact tracing.
Property round-up
Country Inns takes seventh site while £240k ploughed into north-east pub
Among the latest property news is the sale of a Stonegate site in Hampshire that builds Country Inns' portfolio to seven, Greene King and pub operator put £240,000 into pub revamp, Red Oak Taverns adds eight-pub package to its books and Prospect adds...