Enterprise Inns

Type
Merger/Acquisition
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Accommodation
55 - Accommodation
100 jobs
Number of planned job losses
Job loss
Announcement Date
15 March 2004
Employment effect (start)
Foreseen end date

Description

Enterprise Inns has taken over the Unique Pub company in Oxfordshire and indicated that it intends to switch head office operations to its Solihull base following completion of the £609m takeover. The 100 redundancies will arise from the merging of office functions.

Enterprise Inns currently operates around 5,080 pubs and this deal will add another 4,050 unbranded sites from Unique. There is a need to sell about 250 pubs to address competition concerns in areas where it might have more than 25 per cent of local pubs following the Unique deal.

Sources

  • 12 March 2004: The Guardian
  • 12 March 2004: The Financial Times

Citation

Eurofound (2004), Enterprise Inns, Merger/Acquisition in United Kingdom, factsheet number 59181, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59181.