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New Deal


Announced

Liberation Group to acquire 21 pubs from Wadworth.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Friendly

Domestic

United Kingdom

Majority

Restaurants and Bars

pubs

Acquisition

Pending

Synopsis

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Liberation Group, a pub, restaurant and drinks business, agreed to acquire 21 pubs from Wadworth, a brewery company founded in 1875 in Devizes, Wiltshire. Financial terms were not disclosed. "We are delighted to be welcoming the teams of these fantastic pubs to join Liberation Group and Butcombe Brewing Co. We have worked closely with Wadworth to ensure that the sites we’re bringing into the Liberation Group family are the best fit for us and that the transition is smooth and successful. With the support of Caledonia, our ultimate shareholder, we look forward to maximising the opportunities we believe these sites present via a blended approach to the offer and environment of these pubs delivered by their great teams," Jonathan Lawson, Liberation Group CEO.

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