Latest NewsFuller's buys five pubs for £7.2m(01 December 2006 16:12)Brewer and pub operator Fuller Smith & Turner has bought five new pubs for a total of £7.2m in cash. The Five Bells at Stanbridge in Bedfordshire and the Talkhouse at Stanton St in Oxfordshire, were acquired from Gourmet Holdings for £2.85m. The remaining three, located in Hampshire, were bought from private vendors. Fuller’s said it would run the pubs as part of its Fuller’s Inns managed estate. Last week Fuller’s reported a strong half-year performance boosted by the purchase of rival beer and pub group Gales last year. The London Pride brewer said pre-tax profit for the six months to 30 September climbed 31% to £10.9m, with turnover up 35% to £91.1m. Top-level changes announced at Fuller’s >> Article continues below
Fuller, Smith and Turner’s Victoria is London’s best pub >> By Kerstin Kühn E-mail your comments to Kerstin Kühn here. Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%. Source: CatererSearch |
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