Admiral Taverns completes acquisition of 18 Pubs from Marston’s PLC to expand its profitable community pubs estate
Sep 10, 2024•over 1 year ago
Acquiring Company
Admiral Taverns
Acquired Company
Marston’s PLC
Description
The UK’s leading community pub group, Admiral Taverns, has reached an agreement to acquire a portfolio of 18 freehold pubs from Marston’s PLC. This acquisition further strengthens Admiral’s portfolio of community focused pubs, supporting and giving back to their local communities. The deal marks Admiral’s second acquisition of the year and is in line with the group’s strategy of profitable expansion.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed