At Craft Pubs, we push to be a forward-thinking and innovative real ale pub. The company was formed in 2010 by private equity firm TDR Capital, after it purchased 333 pubs from Mitchells & Butlers. 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. As well as Yates, it also owns the Slug and Lettuce chain, among others. 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. Our scale and expertise allows us to support, invest and add value to pubs throughout England and Wales. Four Welsh pubs look set to be forcibly being sold off because of a multi-billion pound merger between two huge groups. We acquired the majority of the Orchid Pub Group, including 173 predominantly freehold pubs and the Orchid head office. Cloudflare monitors for these errors and automatically investigates the cause. 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. Stonegate Pub Company has strengthened its property portfolio in the capital through the acquisition of the Sports Bar & Grill concept, bringing its estate up to 703 sites. Nick Light, managing director of Ei Publican Partnerships, said: “Our approach is … The buyout places Stonegate, which owns pub chains including the Slug & Lettuce, in London transport hubs for the first time. Stonegate operates only managed pubs, under brands including Slug and Lettuce, Walkabout and Yates. Pub group Stonegate, which owns Be At One and Slug & Lettuce, has bought out the Ei Group in a deal worth £3 billion. [7], During the 2020 coronavirus pandemic, Stonegate furloughed 16,500 workers under a UK job retention program. The owner of Slug & Lettuce, Walkabout and Yates has used the government’s furlough scheme despite being based in a tax haven. Additional troubleshooting resources. Stonegate is an experienced managed pub operator, with a record of investing more than £350m into its estate since 2010, including £71m in 2018. Stonegate Pubs, which owns Slug & Lettuce, Walkabout and Yates, has used government schemes while smaller businesses struggle. Stonegate, the owner of bar chains Slug & Lettuce and Walkabout, will buy Ei, the 4000-strong pub group formerly known as Enterprise Inns, after a 285p a … 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”. A spokesperson for Stonegate Pub Company said: “Stonegate is a UK business, located in Luton, which pays its entire tax obligations in the UK including corporation tax, employee tax and VAT. Stonegate Pub Company is one of the youngest operators in the boozer business but its age belies the fact that it owns some of the most renowned brands and sites in the industry. Company status Active Company type Overseas company First … [5], In January 2016 the company began updating former TCG estate pubs and rebranding many of the venues to Slug & Lettuce. by Jack Peat April 26, 2020 Stonegate Pub Company Stonegate Pub company was established in 2010 to acquire 333 pubs from Mitchells & Butlers. Stonegate Pub Co owns 772 pubs, including the Slug & Lettuce, Walkabout and Yates brands. April 26, 2020. in News. Stonegate Pubs, which owns Slug & Lettuce, Walkabout and Yates, has used government schemes despite being based in the Cayman Islands. [2], Stonegate's managed pubs division is split into branded and traditional (unbranded) pubs. Stonegate Pub Company, the pub chain whose portfolio includes Yates and Slug and Lettuce, has bought 15 Maclay Group bars it was announced yesterday. [2], The company was formed in 2010 by private equity firm TDR Capital, after it purchased 333 pubs from Mitchells & Butlers. [4], In August 2013, Stonegate acquired thirteen Living Room sites from Premium Bars & Restaurants. As a result, the web page can not be displayed. Happy people make happy pubs. 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. EIG, formerly Enterprise Inns, owns over 4,000 pubs across England and Wales. 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 … Public Land Registry files show the council owns the freehold title to the pub and its huge car park. 2014. Performance & security by Cloudflare. STONEGATE PUB COMPANY LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity We had been monitoring Ei for a number of years as a compelling acquisition target for Stonegate and successfully completed the take private of Ei in March 2020. We have a passion for craft beer and love to push the boat out so that we get only the tastiest and most interesting craft ales. With that in mind, Stonegate Pub Company, which owns brands such as Slug & Lettuce, Be At One and Walkabout, is flogging pints for less than a quid up and down England. TCG In September 2005, Spirit Group sold its "City Nights" portfolio of in excess of 180 pubs and clubs, en-bloc, to Alchemy - the financial backers behind the newly formed Tattershall Castle Group (TCG) who created the brand, … Your IP: 69.197.175.202 Longbottom says that each one is invested in and each one has its place. 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