Pub operator Bravo Inns has acquired its thirtieth site, the Albion Hotel in Clayton-le-Moors, Accrington.
The company, which was formed in 2007 with the backing of venture capital investor Albion Ventures, specialises in wet-led pubs in the north west of England.
The acquisition of the Albion hotel, which was previously closed, follows the company's business model of acquiring and refurbishing failed or failing pubs. The new site has undergone a full refurbishment and is now open.
Ken Buckley, managing director at Bravo Inns, said: "We're delighted to have passed this milestone and the name of our new acquisition is fitting given the tremendous support we've received from Albion over the years.
"Our approach shows how well-managed wet-led pubs can combine commercial success with the ability to play a key role in supporting their local community. With Albion's continued support we are looking to expand our portfolio over the coming months and have a strong pipeline of potential sites that are set to enhance our estate."
By Tom Vaughan
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