Ultimate buys Prohibition
North England bar and nightclub operator Ultimate Leisure has bought the Prohibition group from Living Ventures for £2.75m.
Prohibition currently operates three bars in Manchester, Leeds and Liverpool, which specialise in cocktails and food.
Ultimate said the new acquisition was well-regarded and would complement its own Chase, Blubambu and Coyote Wild brands.
Chairman of Ultimate Leisure, Mark Jones, said: "Prohibition is a very highly regarded brand that fits well with our existing brands and expands our geographic presence outside our traditional heartland in the North East."
In a separate deal Ultimate Leisure has purchased a 1,500 capacity nightclub in Glasgow, which will be converted to its Blubambu format.
By Chris Druce
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