"We are delighted to be adding this collection of iconic pubs and pubs with rooms to the Young's estate. Located in some of London's most affluent neighbourhoods, these premium sites align perfectly with our strategy to selectively expand our business."
"The acquisition covers eight established gastropubs and pubs with rooms, including The Barley Mow, The Builders Arms, and The Coach Makers Arms, among others."
Young & Co's Brewery will acquire Cubitt House London Pubs for approximately £30 million, enhancing its portfolio with eight established gastropubs. The acquisition includes notable venues such as The Barley Mow and The Builders Arms. Young's CEO emphasized that this move aligns with the company's strategy for selective growth in London. The deal will be funded through existing banking facilities and is expected to finalize by 22 April. This acquisition reflects Young's commitment to premium venues in affluent neighborhoods.
Read at London Business News | Londonlovesbusiness.com
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