Stonegate Pub Company has moved into transport hubs with the acquisition of Bar Holdings, which operates five bars trading under the Sports Bar & Grill brand.
Sports Bar & Grill is drink-led and four of its five bars are located in London railway stations, with the flagship Canary Wharf bar situated within the Crossrail development ahead of the Elizabeth line opening in 2018.
The acquisition of the pubs in Waterloo, Marylebone, Victoria, Farringdon and Canary Wharf brings Stonegate's portfolio to 703.
Simon Longbottom, chief executive of Stonegate, said: "This is another excellent bolt-on acquisition for Stonegate which is right in our sweetspot and further consolidates our leading credentials in sports-led entertainment.
"We have long coveted a presence in key transport hubs and are excited about the opportunity which this presents."
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