It is easy to forget that Stonegate only began trading in November 2010 following the acquisition of 333 pubs from Mitchells & Butlers, but in the last seven years the owner of brands such as Slug and Lettuce and Yates has come a long way.
Simon Longbottom has skilfully led the group’s growth, developing Stonegate into a highly diversified offering within the UK pub sector, with a multi-format strategy serving a wide range of customer demographics and customer trends.
Turnover in its last full year topped £625m while food sales growth has outgrown beverages in the last two years in a sign of how important its kitchen operations have become to the firm.
There is no doubt that Simon’s operational background has been a key factor in the group’s progress, arming him with a key understanding of the factors that influence success at the coalface.
Acquisitions continue to form the backbone of Simon and the board’s strategy, as illustrated by its recent proposed £100m takeover of Revolution Bars Group, which is poised to bolster its position in the premium segment of the drinking out market.
Company: Stonegate Pub Company
Address: 500 Capability Green, Luton, LU1 3LS
Tel: 01582 211631
Focus: Pubs and bars
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