Young’s acquires City Pub Group for £162m
The deal will also see Young’s expand into new markets including Norwich and Cambridge
Young’s Pubs has announced the completion of its acquisition of City Pub Group for £162m.
As a result Young’s now adds 51 wet led pubs to its managed trading estate, taking its overall estate to 279.
The deal will also see Young’s expand into new markets including Norwich and Cambridge.
Simon Dodd, chief executive of Young’s, said: “City Pubs is a business we have admired for some time, and we are delighted to welcome our new team to the Young’s Group.
“City Pubs brings a portfolio of predominantly freehold pubs which are closely aligned with our estate and have a strategy of operating premium, individual and differentiated pubs and bedrooms. Sharing a similar culture, its team delivers a quality offering and the highest standard of customer service to their communities.”
