Admiral Taverns completes acquisition of 18 Pubs from Marston’s PLC to expand its profitable community pubs estate
Admiral Taverns completes acquisition of 18 Pubs from Marston’s PLC to expand its profitable community pubs estate
09/10/24, 7:19 AM
Location
Industry
food and beverage
food and beverage
The UK’s leading community pub group, Admiral Taverns, has reached an agreement to acquire a portfolio of 18 freehold pubs from Marston’s PLC. This acquisition further strengthens Admiral’s portfolio of community focused pubs, supporting and giving back to their local communities. The deal marks Admiral’s second acquisition of the year and is in line with the group’s strategy of profitable expansion.
Company Info
Location
Chester, England, United Kingdom
Company info
Admiral Taverns is the UK’s leading community pub group, owned by real estate private equity firm Proprium Capital Partners. With a national estate of over 1,400 predominantly wet-led community pubs, Admiral Taverns has a successful track record of acquiring community pubs and unlocking growth opportunities through its award-winning, licensee-centric approach. The group has been consistently highly rated by licensees in the industry’s independent annual Tenant Track survey, exceeding the scores of all its national peers.