RedCat sells L&T division to Admiral Taverns

RedCat Hospitality has sold its leased and tenanted division to Admiral Taverns for an undisclosed sum. 

The operator of the Coaching Inn Group and RedCat Independent Pubs says the deal sharpens its focus on investment and acquisitions across its managed estate. 

For Admiral Taverns, the agreement will bring a further 21 sites to its estate of c. 1,350 community, wet-led pubs. 

"This is the right move for our business," says RedCat Hospitality CEO Richard Lewis (pictured). "RedCat’s greatest opportunity lies in further expanding and investing behind our managed business and pubs-with-rooms model, where we see strong and sustained customer demand.

“On behalf of the wider business, I want to recognise our Pub Partners and thank Ali Martinez, who has led the division with commitment and integrity. We are proud of the partnership we’ve built, and are pleased to see these pubs transfer to Admiral Taverns, a proven and high-quality operator of community pubs.”

Welcome to the family

"We are passionate about championing great community pubs and are delighted to welcome our new licensees and colleagues into the Admiral family," adds Admiral Taverns CEO Chris Jowsey.

“This high-quality portfolio complements our existing estate and marks yet another step forward against our strategy, as we continue to expand our nationwide footprint and cement our position as the UK’s leading community pub group. We look forward to supporting these pubs and enabling them to thrive at the heart of their local communities, up and down the country.”  

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