Red Oak Taverns has made its first pub acquisition of 2022, The Vine in Worthing bringing its pub estate to 206.
Co-founder and Chief Executive of Red Oak, Mark Grunnell said, “Following the five portfolio acquisitions we completed in 2021, we are delighted to start our 2022 programme with the Vine pub. We are looking forward to welcoming the tenant partner of The Vine to the Red Oak business.
“We continue to focus on growing our pub estate through single and multiple pub package acquisitions to develop our pub business further”.
Background Red Oak Taverns
Founded in 2011 by Aaron Brown and Mark Grunnell, Red Oak Taverns is an entrepreneurial national pub company which comprises 206 mainly leased and tenanted pubs. The Company is privately-owned by its co-founders and a small number of like-minded individual investors. The pub estate is mainly concentrated in the South, South West, North West and the Midlands. Red Oak Taverns prides itself on its flexible partnerships with its Tenant Partners with the aim of developing long-lasting relationships.
Further details can be found on the Company’s website: www.redoaktaverns.com
Press release from Red Oak Taverns
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