Brewery, pub and hotel operator in talks to sell pub-chain for £30m-£40m
Wolverhampton-based Marston's, brewery is in the process of selling the Pitcher and Piano chain for between £30m and £40m.
The chain of 18 Pitcher & Piano pubs, including the canal-side restaurant and bar in Bridleyplace, Birmingham, was bought by Marston’s for £20m from entrepreneur Crispin Tweddell in 1996.
Sapient Corporate Finance, a financial advisory firm, is working on a deal, which the BusinessDesk.com was told was “in the very early stages”.
Marston’s, which owns 1,550 sites across the UK including pub... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...