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Punch Pubs has completed the acquisition of 30 pubs from family-owned brewer and pub operator McMullen’s for an undisclosed sum.
The pubs are located predominantly across Hertfordshire and Essex, and includes the Millstream in Hertford, the Great Eastern Tavern in Hertford, and the George IV in Sawbridgeworth.
The move brings the total number of pubs purchased by the group to 35 so far this financial year.
James Croft, group strategy and commercial director at Punch Pubs, said: “We’re delighted to have completed the acquisition of these pubs from McMullen’s. This is a fantastic collection of pubs with real heritage, strong community roots and proven operators running them day to day, and we look forward to welcoming them into the Punch family.
“Our focus remains on long-term partnerships, investing in our pubs and supporting our Publicans and Management Partners to help their businesses succeed as we work towards being the 5-star pub company.”
Tom McMullen, joint managing director of McMullen’s, added: “There are some phenomenal independent operators in these businesses, and it was important to us that they transferred to an owner who possesses both the scale and strategic direction necessary to offer improved support, and is willing and able to provide the financial commitment that these pubs deserve.
“We are also grateful to our tenanted operations team who have continued to grow this part of the business and are supporting through the transition.”
