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Thread: Pubco. mergers.

  1. #101
    Old & Bitter oldboots's Avatar
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    £3 billion or £1.27 billion depending on where you read it

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  2. #102
    Waterborne Beer Inspector Bucking Fastard's Avatar
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    Quote Originally Posted by oldboots View Post
    £3 billion or £1.27 billion depending on where you read it
    The difference is the amount of net debt Ei has on it's balance sheet,which will be assumed by the enlarged group..
    "Good people drink good beer" Hunter S Thompson

  3. #103
    Old & Bitter oldboots's Avatar
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    Quote Originally Posted by Bucking Fastard View Post
    The difference is the amount of net debt Ei has on it's balance sheet,which will be assumed by the enlarged group..
    Ah, case solved, many thanks.

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  4. #104
    This Space For Hire Aqualung's Avatar
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    Quote Originally Posted by oldboots View Post
    £3 billion or £1.27 billion depending on where you read it
    Either way it's a complete waste of money.

  5. #105
    Old & Bitter oldboots's Avatar
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    Quote Originally Posted by Aqualung View Post
    Either way it's a complete waste of money.
    Depends if Stonegate will rape their tenents and customers as much as EI. With a debt mountain that big I suspect they will. The exchange of one blood sucker for another, EI shareholders lose a debt Stonegate gain one, bankers and lawyers win again. Come the revolution brothers .....err not a lot.

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  6. #106
    Please give generously Quinno's Avatar
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    Quote Originally Posted by oldboots View Post
    Depends if Stonegate will rape their tenents and customers as much as EI. With a debt mountain that big I suspect they will. The exchange of one blood sucker for another, EI shareholders lose a debt Stonegate gain one, bankers and lawyers win again. Come the revolution brothers .....err not a lot.
    Unless there is some sort of damascene conversion, Stonegate aren't known for operating small suburban boozers. But could it be much worse than now anyway?

    Oh yes it can, cheerio tenants, hello managed.
    Last edited by Quinno; 18-07-2019 at 21:24.

  7. #107
    Palookaville hondo's Avatar
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    Quote Originally Posted by Bucking Fastard View Post
    It seems to me the second division of pub ownership groups have less than 500 pubs,probably due to 2016 legislation for groups larger than this.Thanks for contributions from Dave M and Aqualung.


    Trust Inns -- 500
    Fullers -- 380
    Shepherd Neame -- 350
    Robinsons --280
    Thwaites -- 275
    Brains -- 270
    Youngs -- 270
    Wadworth --240
    Charles Wells -- 200
    Sam Smiths -- 200


    Again apologies if I have missed some obvious names.
    https://www.morningadvertiser.co.uk/...ed-Oak-Taverns
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  8. #108
    Palookaville hondo's Avatar
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  9. #109
    Waterborne Beer Inspector Bucking Fastard's Avatar
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    Quote Originally Posted by Bucking Fastard View Post
    That's interesting.

    Seems to me there is a Big Ten in the Pubco world after some recent transactions,figures from a quick trawl around wiki.

    1. Ei Group (formerly Enterprise ) -- 5000 .Takeover by Stonegate not yet closed.
    2. Greene King -- 2700
    3 Heineken ( Star ) -- 2350
    4. Mitchell & Butler -- 1800
    5.Marstons -- 1700
    6 Patron (ex Punch) -- 1300
    7. Admiral -- 950
    8. Wetherspoons -- 900
    9. Stonegate -- 772
    10.Hawthorn/New River -- 700

    I make that a total of 18,200 pubs,37% of the market.

    Is anyone aware of something I've missed ,or gross inaccuracy in these figures ?
    Thanks hondo for the latest update on Admiral and Star.I have updated the figures in the table.
    "Good people drink good beer" Hunter S Thompson

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