- Young & Co's Brewery 'A' Shares
- 08 April 2026 09:18:34
Source: Sharecast
The deal comprises a collection of eight leasehold pubs and pubs with bedrooms in West London. These include The Barley Mow (Mayfair), The Builders Arms (Chelsea), The Coach Makers Arms (Marylebone), The Grazing Goat (Marylebone), The Orange (Belgravia), The Princess Royal (Notting Hill), The Thomas Cubitt (Belgravia) and The Alfred Tennyson (Belgravia).
The acquisition also includes a ninth pub in Belgravia that is currently being developed.
Young's said it has closely followed the Cubitt House pubs business for some time and recognises the "strong culture and exceptional teams" that have contributed to its success, something which it will look to retain.
The company said the acquisition aligns closely with its strategy to grow in London and operate well-invested pubs in prime locations.
Young’s did not disclose any financial details, but according to Sky News, the acquisition price is around £30m.
The deal is expected to complete on 22 April and will be funded from existing banking facilities, the company said.
Chief executive Simon Dodd said: "We are delighted to be adding this collection of iconic pubs and pubs with rooms to the Young's estate. Located in some of London's most affluent neighbourhoods, these premium sites align perfectly with our strategy to selectively expand our business."
At 0915 BST, the shares were up 5.3% at 810p.
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