In June 2015, a further fifteen sites were acquired from Scottish pub, bar and hotel operator, Maclay Inns, and later that same year Stonegate acquired 53 pubs from Tattershall Castle Group (TCG) including the Henry's Café Bar and Tattershall Castle brands. Stonegate Pubs, which is backed by TDR Capital and owns chains Slug & Lettuce and Yates, swooped on Ei last year to create an industry giant with nearly 5,000 pubs and bars. Stonegate began trading in 2010 after acquiring 333 pubs from Mitchells & Butlers, and now manages an estate of more than 765 sites after a series of acquisitions including the Walkabout brand. Company status Active Company type Private limited Company Incorporated on … Stonegate Pub Company. At the Craft Union Pub Company, our philosophy is about putting brilliant pubs back at the heart of local communities. By combining the 772 pubs, including the 333 acquired from Mitchell and Butler in 2010, with the 4000 owned by EI, Stonegate will acquire immediate scale with debt funding secured by the rentals of an extensive property portfolio. Stonegate Pub Company is one of the UK's largest pub companies with over 700 sites. Stonegate, which also owns pub chains Walkabout and Yates, in July offered 285p in cash for each Ei share, representing a premium of almost 40 per cent on its share price at the time. The owner of Slug & Lettuce, Walkabout and Yates has used the government’s furlough scheme despite being based in a tax haven. Company status Active Company type Overseas company First … Stonegate is an experienced managed pub operator, with a record of investing more than £350m into its estate since 2010, including £71m in 2018. Photograph: Peter Nicholls/Reuters Our goal is to deliver fantastic customer experiences. As a result, the web page can not be displayed. Stonegate Pub Company, which owns more than 600 pubs across the UK including those under the Yates's, Slug and Lettuce and Scream brands,… Stonegate-operated pubs … Longbottom says that each one is invested in and each one has its place. Stonegate Pubs, which owns Slug & Lettuce, Walkabout and Yates, has used government schemes while smaller businesses struggle. • Stonegate Pub Company, which owns more than 600 pubs across the UK including those under the Yates's, Slug and Lettuce and Scream brands, has fallen back into the red after a £14m drop in revenue in its latest financial year. Sky News understands that Stonegate Pub Company, which also owns the Walkabout and Yates brands, has struck a deal to buy Be At One from its founders and private equity backers. Ei owns 4,000 pubs. Pub group Stonegate, which owns Be At One and Slug & Lettuce, has bought out the Ei Group in a deal worth £3 billion. “They wouldn’t survive with us if they weren’t successful.” Stonegate generally spends £200,000 to £250,000 renovating a pub or bar. Stonegate Pub Company Stonegate Pub company was established in 2010 to acquire 333 pubs from Mitchells & Butlers. Stonegate, which is owned by London private equity firm TDR Capital, said its support plan followed “detailed analysis across a representative sample of pubs and consultation with publicans”. The Stonegate Pub Company have agreed a deal with the management of Enterprise Inns that if approved would make it the biggest pub owning company in the country. We are the largest portfolio manager of pubs in the UK, with around 4,500 properties. The pub company who run Slug and Lettuce, Yates and Walkabout brands are set to add another 4,000 pubs to their portfolio in a deal worth £1.27billion. Pubs and restaurants can access grants up to £25,000 and a 100% rates holiday The FTSE-250 company has cut workers' basic pay by between 60% and 80% Mitchells and Butlers also owns … Stonegate Pub Company, the pub chain whose portfolio includes Yates and Slug and Lettuce, has bought 15 Maclay Group bars it was announced yesterday. Our goal is to deliver fantastic customer experiences. April 26, 2020. in News. The buyout places Stonegate, which owns pub chains including the Slug & Lettuce, in London transport hubs for the first time. Email: [email protected] For all other press and media enquiries. “With Brexit uncertainty driving lower domestic consumer spending within the UK, share prices for pubs and bars have fallen since the 2016 referendum. We operate over 700 pubs and bars across the UK, within a wide variety of formats: from community and high-street pubs, through branded bars, to country inns and late-night venues. 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