Butcombe Brewery strikes deal to buy two North Somerset pubs
PUBLISHED: 06:42 13 November 2017
Butcombe Brewery has agreed to buy eight pubs from SA Brain - including two in North Somerset.
The Wrington-based business has purchased all of its competitor’s English pubs, which are based in the South West.
These include The Jubilee Inn in Flax Bourton and The Langford Inn.
The move follows an announcement last month that Butcombe is investing £4million to increase beer production by 40,000 barrels a year.
Expanding its pub portfolio has been a target of the brewery over the past 12 months, with it now boasting a total of 43 establishments – double what it had at the start of 2016.
The Liberation Group owns Butcombe Brewery and its chief executive, Mark Crowther, says it is focusing specifically on the South West region.
Mr Crowther added: “The addition of these eight high quality pubs to our portfolio further accelerates the growth of our rapidly expanding pub estate, strengthening our presence in our heartland around Bath and Bristol.
“These pubs are a perfect fit with our existing portfolio and will benefit from ownership by our fast-growing, market-leading regional brewery with its well-known brands.
“We welcome all those who work in those pubs and look forward to building a successful future together.”
The Jubilee Inn has been owned by Brains for a number of years.
It was for many years known as The Dew Drop Inn but in 2014 Brains agreed to bring back the Jubilee name as that was what many regulars referred to it as.
The other six pubs Butcombe has agreed to buy are The Smoking Dog in Malmesbury, The Bear in Cirencester, Almondsbury’s Bowl, The Ostrich in Bristol, The Old Station in Hallatrow and The White Horse in Buckover, near Thornbury.
SA Brain, which is best known for the beer brand Brains, has decided to concentrate its efforts within Wales instead.
Its chief executive Scott Waddington said: “We will remain very proud of the period of ownership we have enjoyed with the pubs which are being acquired by Butcombe and believe the team, with its West Country heartland, are well-placed to take these businesses forward.”
The amount of money Butcombe has paid for the pubs has not been disclosed.