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W&D deal for ECI accepted

Friday 16 September 2005 11:03
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Wolverhampton & Dudley (W&D) has had its £13.5m cash offer for English Country Inns (ECI) declared unconditional.

ECI’s 14 pubs will now be integrated into W&D’s managed division, Pathfinder, which contains 540 pubs including the Pitcher & Piano brand.

Pathfinder’s corporate development director Colin Sadler said: “The 14 pubs are an excellent fit with our current business, and we see some great opportunities to enhance profitability through implementing our management systems.”

W&D said it would continue to seek opportunities across the UK to strengthen its managed division.

By Chris Druce

 

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