Fuller's buys five pubs for £7.2m

01 December 2006 by
Fuller's buys five pubs for £7.2m

Brewer and pub operator Fuller Smith & Turner has bought five new pubs for a total of £7.2m in cash.

The Five Bells at Stanbridge in Bedfordshire and the Talkhouse at Stanton St in Oxfordshire, were acquired from Gourmet Holdings for £2.85m.

The remaining three, located in Hampshire, were bought from private vendors.

Fuller's said it would run the pubs as part of its Fuller's Inns managed estate.

Last week Fuller's reported a strong half-year performance boosted by the purchase of rival beer and pub group Gales last year.

The London Pride brewer said pre-tax profit for the six months to 30 September climbed 31% to £10.9m, with turnover up 35% to £91.1m.

Top-level changes announced at Fuller's >>

Fuller, Smith and Turner's Victoria is London's best pub >>

By Kerstin Kühn

E-mail your comments to Kerstin Kühn](mailto:kerstin.kuhn@rbi.co.uk?subject=Fullers buys five pubs for £7.2m) here.

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