Punch Pubs & Co is a pub and bar operator in the United Kingdom, with around 1,300 leased pubs. It is headquartered in the traditional brewing centre of Burton upon Trent in Staffordshire. It was listed on the London Stock Exchange as a constituent of the FTSE SmallCap Index until its sale in 2016 for £403m to a private equity fund, Patron Capital, acting in concert with Heineken International who acquired 1,900 of Punch's pubs as part of the deal. The company was established by former PizzaExpress head Hugh Osmond and Café Rouge founder Roger Myers in 1997 when they bought the Bass Brewery portfolio of public houses. In 1999 Punch purchased Inn Business Group plc, and later Allied Domecq's pubs for £3 billion, beating a rival bid from Whitbread. After the deal, Punch spun off its managed pubs into a separate division, Punch Retail, which was later renamed Spirit Group. More information...
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