Punch agrees deal to acquire 24 Greene King pubs

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Punch Pubs & Co has agreed a deal to acquire 24 pubs across England and Scotland from Greene King for an undisclosed price.

Following completion of the deal, Punch will undertake a comprehensive refurbishment and conversion programme of each venue.

The pubs included in the deal are the Glovers Needle (Worcester), Strawberry (Barrow-in-Furness), Victoria (Barrow-in-Furness), Rowing Machine (Witney), Crown (Bradford), National Hunt (Cheltenham), Malt Shovel (Baildon), Old Brewery (Alloa),  Bull (Braintree), Duke of Cambridge (Cambridge), Pied Calf (Spalding), Quo Vadis (Glasgow), Counting House (Blackpool), Craig Dhu (Paisley), Greenhills (East Kilbride),  Emporium (Fleet), Rose & Crown (Rushden), Outlook (Reading), Old Blackfriars (Aberdeen), Millcroft (Rutherglen), Royal Oak (Bulwell), Druids Arms (Maidstone), Stumps (Glasgow), Sir John Warren (Ilkeston).

Andy Spencer, chief executive officer of Punch Pubs, said: “This is an exciting opportunity for our business and represents another important step in our acquisition strategy. We know that former managed pubs make fantastic additions to our estate, and this portfolio is a collection of brilliant pubs in excellent locations across the country. We have a strong track record of investing in pubs, empowering talented partners and building social connections at the heart of communities. We look forward to welcoming these pubs and their teams to Punch.”

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