Punch Pubs acquires four pubs from Everards brewery

Punch Pubs has acquired four pubs from Leicester-based brewing company Everards.

The newly acquired pubs are the Old Kings Head in Long Buckby, Northampton, the Paget Arms in Loughborough, the Cricketers in Leicester and the Dog & Gun in Whetstone, Leicestershire. These now fall under Punch’s leased and tenanted estate.

The additions bring Punch’s total acquisitions for the current financial year to 13.

Stephen Allen, group property director at Punch, said: “We are delighted to welcome these four fantastic pubs into the Punch family and would like to thank Everards for this opportunity. Our priority is to ensure that all four pubs continue to flourish within their communities, and with our industry-leading investment and support, we are confident that they will continue to thrive.

“Our operations manager, Christian Gregory, is working with the publicans and their teams to ensure a smooth transition and set each pub up for continued success.”

Andy Wilson, managing director at Everards, added: “We want to thank our business owners and wish them all the best with Punch. We’ve invested £3m into our pubs over the last 12 months and this sale will enable us to continue this momentum.  We want to thank the Punch team who have been great to deal with.”

Punch Pubs operates around 1,300 sites across the UK. Over the past five years it has invested more than £240m into its estate.

Punch was acquired by Fortress Investment Group, a US-based investor owned by Japan’s SoftBank, for an undisclosed sum in December 2021.

In November 2023, the pub group appointed three strategic advisors to the board, including Dame Karen Jones, current non-executive director of Whitbread and Mowgli.

Photo: www.everards.co.uk/stories-from-us/paget_homeofindependentbusinesses/