Hawthorn acquires 14 Everards pubs
Hawthorn has announced the acquisition of 14 pubs from Everards of Leicestershire.
Community pub company Hawthorn has announced the acquisition of 14 pubs from Everards of Leicestershire, the pub operator and family brewer.
The pubs, predominantly located in suburban and neighbourhood locations in the East Midlands, will join the 700-strong leased, tenanted and managed Hawthorn estate across England, Scotland and Wales.
“All of the pubs which are fully let have been very well operated by Everards and its business owners, and we share a strong community ethos with Everards that makes this a seamless transaction for both parties," says Mark Davies, CEO of Hawthorn. "It’s been great to get to know Stephen Gould [Everards MD] and the Everards team through the transaction and to get a deal done during lockdown. The relationship we have built and partnership formed is something that will benefit both companies in the future. My team and I are looking forward to meeting the business owners and welcoming them to Hawthorn.”
Everards has said that the deal positions them well for continued investment into its pub estate, as well as Everards Meadows, its 90-acre leisure and tourism development in Leicestershire.
Earlier this month, Hawthorn unveiled plans to list on the stock market as a standalone quoted business.