Search
The Caterer

Stonegate Pub Company acquires three Faucet Inn pubs

03 February 2017 by
Stonegate Pub Company acquires three Faucet Inn pubs

Stonegate Pub Company has acquired three pubs from Faucet Inn for an undisclosed sum.

The three pubs comprise of one freehold and two leasehold sites: the Catcher in the Rye, Finchley; College Arms, Central London; Compton's Soho, London. The acquisition is being funded out of cashflow.

Following the acquisition, Stonegate will operate 693 venues including Slug & Lettuce and Yates.

Over the past three years, Stonegate has acquired 78 sites from Bramwell, 15 sites from Maclay's and 52 pubs from Tattershall Castle Group. Most recently, the Group has completed the acquisition of 10 sites from JD Wetherspoon as well as purchasing 30 bars from iNTERTAIN (Walkabout).

Stonegate buys Walkabout owner Intertain >>

Stonegate converts 11% rise in pub profit thanks to Rugby World Cup >>

Stonegate merges with Town & City Pub Company >>

Video from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!