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Spirit Group

Spirit Group is seeking suitable locations across the country to open up to 20 Flaming Grill, Fayre & Square and Taylor Walker pubs over the next 15 months.

Spirit Group, the chain of 1,832 pubs, is to be acquired by Punch Taverns for £2.7bn, while Punch has announced the sale of 203 pubs to Admiral Taverns for £40m.

Spirit Group has sold ten large London pubs to Capital Pub Company for £31m.

Spirit Group is to sell 364 pubs to investment vehicle R20 for £345m, and the pubs will be converted to tenancies with Scottish & Newcastle supplying the beer.

Spirit Group is to close its recently-acquired Scottish & Newcastle Retail headquarters in Northampton in May, and some staff may relocate to Burton-on-Trent.