Brannigans buys 30 pubs
Administrative receiver KPMG has sold 30 Valleyhill pubs to bar chain Brannigans for an undisclosed sum.
The deal secures 546 jobs at Valleyhill, which has been in receivership since 7 May.
The company was set up in 2002 by directors James Wilson and Barry Polley, but despite comprising established sites such as the Latitude bar in Chelsea, it succumbed to tough market conditions.