|Greene King Takes The Duke of Sussex|
Pub company buys Chiswick gastro as part of a multi million pound deal
The Duke of Sussex has been taken over by rival pub company Greene King (who own The City Barge) as part of an ongoing strategy to expand in time for the 2012 Olympics.
Greene King bought all 14 Realpubs sites for £53.1m.
Malcolm Heap and Nick Pring, the two founders of Realpubs, have been retained for a minimum of two years. They will become part of the management team helping to with the conversion of existing Greene King pubs to the Realpubs premium urban local concept. It is not yet known if The City Barge will be amongst them.
Rooney Anand, Greene King chief executive said: "We are excited by this acquisition as it fits well with our strategy, by further strengthening our London presence and accelerating the development of our premium pub offer."
May 10, 2011