We bring you the latest top news in industry from this week.
Kevin Georgel to leave Admiral for St Austell
Kevin Georgel will step down as CEO of Admiral Taverns in order to take over at St Austell Brewery at the beginning of next year. Georgel (pictured) will be appointed as St Austell’s new chief executive when the current CEO James Staughton retires in January 2020.
The Admiral Taverns CEO has been a non-executive board member at St Austell Brewery for four years, and will step down from his five-year tenure at Admiral in order to take on the new role with the independent family owned business.
“On behalf of the board, shareholders and the entire team at St Austell Brewery and Bath Ales, I am thrilled that Kevin has agreed to take on the role of CEO when James retires and excited that he will lead our business into its next chapter,” says chairman of St Austell Brewery Will Michelmore. “While we are fleet of foot and adapt to changing market opportunities, St Austell Brewery is proud to take a long-term view and I am pleased that today’s announcement of both Kevin and James’ plans will enable a smooth handover of this key role from January 2020.
“I would like to personally thank James for the huge contribution he has made to our company. Under his leadership our business has grown significantly with beer production increasing tenfold and our pub and wholesale businesses extending from Cornwall to Bristol and beyond. James’ passion for the company means he will hand over the business in excellent heart to Kevin.”
When Staughton steps down as CEO, he will take on the honorary role of president of the company and will continue to support the business in an ambassadorial role.
West Midlands operator takes on second Star Pub
West Midlands pub operators Chad Hudson and Sarah Price have taken on The New Inn, Bournheath, near Bromsgove. This is the couple’s second site with Star Pubs & Bars, with the pub soon to undergo a joint £350,000 refurbishment with the pub company.
The duo also have the Loyal Lodge in Halesowen, which they took on four years ago and have transformed into a popular family community pub.
The refurbishment will see the wet-led pub transformed into a family-friendly country pub, offering fresh, home-cooked food. Closed since the start of the year, it will reopen in time for the early May Bank Holiday, with 15 new jobs being created.
“We first became aware of The New Inn when we were looking for somewhere to have Sunday lunch, as local pubs were always booked out,” explains Hudson. “We could immediately see The New Inn had great potential with investment. The refurbishment will allow us to fast track the pub’s turnaround. It means we can introduce food and create a great family- and dog-friendly village pub for residents and a destination pub for diners, walkers and cyclists.
“It’s taken us three and a half years to get the Loyal Lodge to where we want it. It’s important to us that we focus on pubs individually to make them the best they can be before moving forward to take on another.”
York Roast Co plans crowdfunding campaign to support next stage of growth as it continues refurbishment programme
Street food business The York Roast Co is planning a crowdfunding campaign to support its next stage of growth, reported by Propel. It is understood the proposals are in the early stages but the family-led company sees it as the best way to support its expansion plans as it looks to grow into new UK cities.
The company is currently focusing on its ongoing rebranding programme that is seeing its five sites being updated. Its site in York’s Stonegate was the first to undergo the revamp last year, followed by Shrewsbury and Chester, while its flagship outlet in York – in Low Petergate, has just reopened following a two-week closure. The 45-cover venue has been overhauled with a new exterior featuring hand-painted gold-and-black signage complete with the latest branding. The kitchen has been extended on the ground floor to provide more space for staff to prep orders, allowing them to keep up with the high volume of orders. Its remaining site in Salisbury is also set for a revamp. The company is known for its YorkyPud Wrap.
Punch acquires four Mitchell’s of Lancaster pubs
Punch has completed the acquisition of four pubs from Mitchell’s of Lancaster this week.
The four sites are The William Mitchell in Morecambe, Th’Owd Tithe Barn in Garstang, Royal Oak in Bolton on Sands, and The Duke of Rothesay.
“We are really pleased to have acquired these wonderful community pubs and we look forward to working in partnership with the great publicans and their teams for many years to come,” says Punch CEO Clive Chesser. “We will provide them with Punch’s industry-leading investment and support, to allow them to flourish and ensure they continue to be truly at the heart of their local communities.
“In the meantime, the pubs continue to be open and trading as usual. With the continued support of its shareholders, Patron and May Capital, Punch is investing approximately £30m in its pubs this year and is progressing well on a three-year plan to invest £80m in its estate, supporting entrepreneurial publicans in communities across the UK.”
Mitchell’s of Lancaster was originally founded in 1871 but fell into administration in 2018.
Articles taken from Propel News and Pub & Bar Magazine websites.