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

Peach Pub Company seeking investment to fund expansion

17 September 2018 by
Peach Pub Company seeking investment to fund expansion

Peach Pub Company has said it is exploring options to secure investment as it eyes further expansion.

The 20-site strong pub group has appointed business advisers BDO to consult with its shareholders and management team on the investment process.

Peach managing director, Hamish Stoddart, said: "We are looking forward to continued growth at Peach, and there are definite opportunities out there to expand our business. We are searching for great locations to open peach pubs and great people to work with us. With a strong investor we'll be able to build our culture of peachy people and unique group of pubs from 20 to 33 and beyond.

"At the moment there is nothing more to say than this. There is no news. If there's an announcement to make we would make it."

The company made the statement after The Times reported that the Restaurant Group was one of a number of a number of bidders interested in purchasing it.

Accounts for the year to 7 January 2018 showed an increase in turnover of £600,000 to £25.6m and like-for-like growth of 2.4%. The company said the results were "indicative of the current climate in an overly saturated casual-dining sector and an oscillating market in light of uncertainty in a post-Brexit world".

Top 100: Lee Cash and Hamish Stoddart, Peach Pub Company>>

‘All peachy' at Peach Pub Company as it acquires 20th property>>

Peach Pub Company puts modest growth down to ‘Brexit uncertainty'>>

Get The Caterer every week on your smartphone, tablet, or even in good old-fashioned hard copy (or all three!).

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