Young & Co.’s Brewery acquired Redcombs Pubs for £34m.

Young & Co.’s Brewery, a British pub chain operating nearly 220 pubs, acquired Redcombs Pubs, a company that owns and operates 15 pubs in prime locations, for £34m. The pubs will complement the Young’s managed house estate both in and around London, build upon a growing presence in the South West and further enhance the Young’s brand. Each of the pubs has a premium offering and distinctive personality that differentiates it in its local market. As a result of the transaction, the Young’s managed estate has increased by 8% from 185 to 200. With 70 tenanted pubs in its Ram Pub Company, the total Young’s pub estate will increase to 270 pubs.