Propel Morning Briefing Mast Head Paul's Twitter Link CPL Learning Link Collectiv Food Banner
Morning Briefing Strap Line
Fri 14th Jun 2019 - Shoreditch Bar Group buys remainder of Novus late-night estate
Shoreditch Bar Group buys remainder of Novus late-night estate: Shoreditch Bar Group has bought the remainder of London bar and restaurant operator Novus’ late-night business for an undisclosed sum. The deal incorporates five sites – Tiger Tiger London, Tiger Tiger Cardiff, Piccadilly Institute, Ruby Blue and Zoo Bar as well as the Novus head office. Novus chief executive Sharon Badelek said: “We are thrilled to be selling this incredible estate to such a vibrant and passionate company. It was important to me these venues and, more importantly, our teams ended up in safe hands with an exciting future, which I believe we have found in Shoreditch Bar Group. We wish them every success with the future of the estate.” Shoreditch Bar Group operations director Mark McEvoy added: “This estate of prime West End locations and, of course, Cardiff is a welcome addition and complements our estate perfectly. The team and I look forward to meeting and working with the teams to continue to take these venues forward. It’s going to be a lot of fun!” Novus launched the Tiger Tiger brand in Haymarket, London, in December 1998. The company has been gradually selling its late-night business. In November, Novus sold three Tiger Tiger venues, in Newcastle, Manchester and Portsmouth, which The Deltic Group is converting into a Garden of Eden-inspired concept. Meanwhile, in January it sold six sites – four branded as Balls Brothers and two as Tank & Paddle – to Stonegate Pub Company, which also bought 15 bars from Novus in 2018. Shoreditch Bar Group operates circa ten sites. The deal leaves Novus with six Balls Brothers sites, including The Sterling, and a Tank & Paddle venue in Heddon Street, Mayfair. Novus closed the Late-Night London website six months ago.
 

Return to Archive Click Here to Return to the Archive Listing
 
Punch Taverns Link
Return to Archive Click Here to Return to the Archive Listing
Propel Premium
 
Beefeater London Peach Gin Banner
 
Hellmann's Banner
 
Mr Filberts Banner
 
Collectiv Food Banner
 
White Claw Banner
 
Camile Banner
 
Punch Banner
 
Taylors of Harrogate Banner
 
Zonal Banner
 
Carlsberg Banner
 
Restaurant Collective Banner
 
ignite banner
 
The Vegetarian Butcher Banner
 
Crave Banner
 
Zonal Banner
 
Fentimans Banner
 
Nordic Spirit Banner
 
Trail Banner
 
KAM Media Banner
 
Access Banner
 
Startle Banner
 
Cynergy Bank Banner
 
Pago Banner
 
Veneers Banner
 
Yapster Banner
 
John Gaunt Banner
 
COREcruitment Banner
 
Punch Taverns Link Punch Taverns Link
Luminary Banner