Leading brewery company Fuller, Smith & Turner has contracts to acquire Cotswold Inns & Hotels Ltd for a total consideration of $52 million
Details are provided below:
- The deal includes seven high quality, freehold country inns and hotels and eight freehold staff cottages in the Cotswolds, with two vibrant leasehold bars in Birminghams city centre.
- Michael and Pamela Horton founded Cotswold Inns & Hotels in 1997.
- Fullers Chief Executive Simon Emeny said: The inns and hotels being acquired are all iconic, character properties in sought-after locations in the Cotswolds. They will further enhance our existing portfolio of premium hotel accommodation, adding 201 stylish bedrooms.