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Fri 30th Sep 2016 - Enterprise Inns to open 100th managed pub, 70th Craft Union site
Enterprise Inns to open 100th managed pub, 70th Craft Union site: Enterprise Inns is to open its 100th managed pub as the company continues to grow the segment in support of the strategy unveiled in May 2015. The company said the landmark opening of the Caerphilly Cwtch in Caerphilly, Wales, demonstrated the continued growth momentum of the managed businesses. The Caerphilly Cwtch will sit within Enterprise’s Craft Union Pub Company, a wet-led division that focuses on putting pubs back at the heart of local communities. It will be Craft Union’s 70th pub and the opening in South Wales is representative of Craft Union’s expansion south from the north of England where it was first established last year. The group’s managed businesses also include pubs within its Bermondsey Pub Company division as well as within Enterprise Managed Investments, through which Enterprise has established five ventures partnering with “exceptional” operators. The Caerphilly Cwtch, which comes from the Welsh for “hug” or “snug” and was previously known as The Irish Tymes, is in the final stages of a major refurbishment. Craft Union’s wet-led, sports, entertainment and value proposition will be developed as part of the refurbishment. The new operator of the pub will be Sara Burton, sister of the previous publican who managed the Irish Tymes for eight years. She said: “The staff and myself are looking forward to the working in partnership with Craft Union to further cement our position within the community providing a much needed community focused pub. Exciting times are ahead.” Enterprise Inns chief executive Simon Townsend added: “Not only does today’s news demonstrate the excellent progress we are making against our strategy of growing our managed estate, but more significantly, it is the perfect example of our purpose to put great pubs back at the heart of local communities.”

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