Young's completes City Pub Group acquisition

The Young’s acquisition of The City Pub Group plc has completed, following an agreement of terms back in November 2023.

The acquisition will strengthen the presence of the Young’s group in London, as well as opening up new geographic areas such as Cambridge and Norwich, adding a freehold estate of 51 wet-led pubs to the business.

Young's has said that the combination of the two businesses provides a platform from which it can continue to accelerate its growth strategy. 

"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," says Simon Dodd, CEO of Young’s. "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.

"We look forward to working together and continuing to invest in the group’s enlarged estate to create value for all our loyal customers and wider stakeholders."

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