UK-based Admiral Taverns has acquired fellow community pub operator Mountain Pub Company from specialised investment manager Downing.
Financial details of the transaction were not disclosed.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Overseen by Helen Standing, Mountain Pubs manages ten wet-led community pub sites situated across northern England.
The venues included in the transaction feature The Southport Coaster in Southport and The White Hart in Todmorden.
Standing said: “Mountain Pub Company launched with The Southport Coaster in November 2022, founded on an ambition to create high-quality, well-invested community pubs, growing to ten pubs over two years.
“It has been a pleasure to work alongside Downing throughout Mountain’s growth journey.
“Their support and background of investment in the sector has been instrumental in helping us build a strong and successful pub business.
“We are pleased that Admiral Tavern’s experienced operator-managed team will continue to invest in and grow Mountain.”
Following the conclusion of the deal, the portfolio will be integrated into Proper Pubs, the wet-led operations division of Admiral Taverns headed by Nathan Wall.
Proper Pubs currently manages 245 venues across England, Scotland, and Wales.
The transaction represents the latest measure in Admiral Taverns’ wider strategy to extend its domestic footprint and strengthen its operations within the UK community pub segment.
Admiral Taverns chief executive Chris Jowsey said: “On behalf of the entire team at Admiral Taverns I am delighted to welcome the Mountain Pub Company to Admiral Taverns.
“We have long admired the Mountain Pubs business and share the same unwavering passion for supporting community pubs across the country.
“The Mountain Pub portfolio will sit as part of our Proper Pubs business, strengthening our footprint of affordable community pubs across the UK, offering everything from a great range of beers, welcoming atmosphere, sport and entertainment, the critical DNA that makes for a great local pub experience.”
