Amber Taverns buys 23 Cains pubs from administration

21 April 2009 by
Amber Taverns buys 23 Cains pubs from administration

Amber Taverns has picked up 23 pubs from the administrator of Liverpool-based Cains Beer Company, safeguarding more than 100 jobs.

Cains was placed in administration last August, and a month later its former owners, Sudarghara and Ajmail Dusanj, bought back the brewery and nine pubs.

Since then, administrators at PricewaterhouseCoopers have been seeking buyers for the remaining 90 outlets.

Clive Preston chairman of Amber Taverns, which already operates 30 pubs across the north west of England, said: "This is a significant and tremendously exciting development, as it almost doubles the size of our portfolio across the region.

"We're planning to roll out an extensive refurbishment programme over the coming months."

The deal was handled by accountancy firm Baker Tilly and law firm Pinsent Masons.

Former directors buy Cains brewery from administrators >>

Administrators shut loss-making pubs at Cains >>

Pub group Cains call in the administrators >>

Cains Beer Company's bankers withdraw support >>

Cains Beer Company looks for family backing to save pub chain >>

Cains looks for further funding to stave off collapse after £4.5m loss >>

By Daniel Thomas

E-mail your comments to Daniel Thomas here. jobs
Looking for a new job? Find your next pub job here with jobs

Blogs on]( Catch up with more news and gossip on all Caterer's blogs
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking