Christie + Co advises on Pub Sale

RNS Number : 2840B

Christie Group PLC

05 October 2015

 

5 October 2015

Christie Group plc

Christie + Co advises on successful sale of 53 pubs to Stonegate Pub Company

Christie Group plc ('Christie' or the 'Group'), the leading provider of Professional Business Services and Stock & Inventory Systems & Services to the leisure, retail and care markets, is pleased to announced that Christie + Co, its specialist provider of agency and advisory services, has completed the sale of 53 pubs to Stonegate Pub Company on behalf of Tattershall Castle Group ('TCG') for an undisclosed sum. 

The acquisition brings Stonegate's number of operating sites to 665 and cumulates a successful few months for the Christie + Co pubs team who in the last 12 months have valued or brokered over £6 billion worth of assets.

Neil Morgan, Head of Pubs at Christie + Co comments: "We are delighted to have been involved in this major transaction, particularly as TCG is effectively one of the last sizeable Managed House portfolios to be sold. The transaction, and further work of the team over the past year, demonstrates Christie + Co's credentials in the market and that there is certainly renewed confidence and opportunity within the sector."

Enquiries:

Christie Group plc
David Rugg

Chief Executive                                                                            020 7227 0707

Daniel Prickett

Chief Financial Officer                                                              020 7227 0700

Fiona Fieldhouse                                                                        020 7227 0794

Christie + Co Media Relations Manager

Charles Stanley Securities

Nominated Adviser & Broker

Russell Cook                                                                                  020 7149 6000

Notes to Editors:

Christie Group plc, quoted on AIM, is a leading professional business services group with 46 offices across the UK, Europe and Canada, catering to its specialist markets in the leisure, retail and care sectors.

Christie Group operates in two complimentary business divisions: Professional Business Services (PBS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PBS - Christie + Co, Pinders, Christie Finance and Christie Insurance: SISS - Orridge, Venners and Vennersys.

Tracing its origins back to 1846, the Group has a long established reputation for offering essential services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems and online ticketing services, stock audit and inventory management. The diversity of these services provides a natural balance to the Group's core agency business.

For more information, please go to www.christiegroup.com.

 

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