dataLayerNews.related_tags = sanitize_gpt_value2("Property, Pubco + head office, Finance, Tenanted + leased"); North east-based pub operator The Inn Collection Group has unveiled plans to transform the former police station in Northallerton, North Yorkshire, into a pub with rooms – creating up to 50 jobs in the process. While buy-out fund RCapital is among those interested in acquiring the 10 pubs owned by Stonegate and 32 Ei sites, the venues have reportedly attracted interest from real estate company Aprirose and Admiral Taverns. Massive deal: Stonegate buys Ei Group for £1.3bn Stonegate Pub Company has today (18 July) agreed to buy pubco Ei Group for £1.27bn, which will see the operator’s estate rise by 4,000 sites, making Stonegate the UK’s largest pub owner. TDR Capital, the private equity firm that owns the Stonegate Pub Co., agreed to buy the U.K.’s EI Group Plc for about 1.3 billion pounds ($1.6 billion) in cash. “When they offered me the lease, I thought it could be a great opportunity, despite these uncertain times that we are in. The deal had not been in the pipeline for more than three months before the announcement today (18 July), said Ei Group chief executive Simon Townsend. From January the integrated businesses will be headquartered in Ei Group's former head office in Solihull, Birmingham. Photograph: Peter Nicholls/Reuters. dataLayerNews = {}; Its portfolio is comprised of 1,289 sites within the managed division and 3,284 leased and tenanted businesses (Ei Publican Partnerships). “We are delighted to have completed on the police station in Northallerton, it’s a site we have been working together with the vendors and our design partners on for a considerable period of time,” managing director for The Inn Collection Group, Sean Donkin, said. vOut += aTags[i].trim().replace(reg, '-').substring(0,40); The building, which has remained vacant since North Yorkshire police services were relocated to new headquarters, currently contains original features including a custody suite complete with cells and reception desk. CMA to rule on Stonegate acquisition of EI Group by February The £3bn takeover, if approved, will create a company operating around 5,000 pubs in the UK including brands such as Slug & Lettuce contact, 02-Dec-2020 Subscribe, By Stuart Stone Property law. “We are excited to be broadening our customer base and presence here in Yorkshire with the addition of a Northallerton location to our group. The deal, which will see Stonegate become the UK’s largest pub operator, was rubber stamped by the Competition and Markets Authority on the condition that 42 pubs in areas where it may form a monopoly were sold. - Last updated on $(document).ready(function() { The Ultimate Guide on How to Sell your Pub, How to increase table service efficiency & revenue, Trays are for plates not drinks – says muggi, How to reopen safely with mobile ordering, Sign up to our free newsletter and get the latest news sent direct to your inbox. “We have a proven track record for repurposing and enhancing historic buildings,” he continued. (Reuters) - Slug and Lettuce pub owner Stonegate sold 1.2 billion pounds of bonds on Friday to finance its acquisition of rival Ei Group EIGE.L, the company said on Friday. July 24 (Reuters) - Slug and Lettuce pub owner Stonegate sold 1.2 billion pounds ($1.53 billion) of bonds on Friday to finance its acquisition of rival Ei Group, the company said on Friday. About Us. 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