- De Vere Group
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De Vere Group 
Type Private Industry Hotels Founded 1762 Headquarters London, UK Key people Andrew Coppell (Chairman) Parent Alternative Hotels Group plc Website www.devere.co.uk De Vere Group is a hotels and leisure business which until the late 1990s was a brewing company known as Greenall's. It used to be listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.
Contents
History
Greenall's Brewery was founded by Thomas Greenall in 1762. Initially based in St Helens, the Company relocated to Warrington in 1787.[1]
It bought the Groves & Whitnall Brewery in Salford in 1961,[2] Shipstone's Brewery in Nottingham in 1978[3] and Davenport's Brewery in Birmingham in 1986.[4] For much of the twentieth century the Company traded as Greenall Whitley & Co Limited.[4]
It ceased brewing in 1991 to concentrate on running pubs and hotels.[5]
In 1999 the tenanted wing of the Greenall's operation was sold to the Japanese bank, Nomura, for £370 million.[6]
In 1999 the main Greenall's operation, involving 770 pubs and 69 budget lodges, was sold to Scottish and Newcastle for £1.1billion.[7]
In 2005 The Belfry was sold by Greenalls to The Quinn Group for £186 million.[8]
The Greenall family connection remained as Lord Daresbury, the descendant of the original founder, remained the non-executive Chairman. This tie was eventually severed in 2006 when Lord Daresbury stepped down from the post and much of the family's interest was sold.[9]
In September 2006 De Vere Group was acquired by The Alternative Hotels Group plc, a joint venture between HBOS and eight investors led Richard Balfour-Lynn,[10] for £745.5 million.[11] The Alternative Hotels Group plc renamed itself De Vere Group again in December 2010.[12] Richard Balfour-Lynn stood down as Chief Executive in September 2011.[13]
Operations
The Company is now focussed on its hotel franchises, De Vere and Village Leisure. Hotels include Barony Castle in the Scottish Borders.
Greenall's-owned beer brands were brewed by Allied Breweries at their Leeds and Burton plant. Greenall's ale can still be bought in some pubs in the North West of England, although it is slowly disappearing and often only the "Greenall's Mild" brand can be found. Greenall's Bitter is 3.6% ABV.[14] Greenall's Mild is 3.1%.[14]
Greenall's London Dry Gin is still produced and marketed by a division of the leisure group.
Sponsorship
Greenall's sponsored Newcastle United and Huddersfield Town football clubs during the late 1980s. Greenall's was also involved with the Warrington Wolves Rugby League Club for some 115 years. The sponsorship ended in 1998 when Greenall's operations were sold to Scottish and Newcastle.
References
- ^ A Century of Cheshire Brewers
- ^ Groves & Whitnall Brewery
- ^ Nottinghamshire Breweries
- ^ Hansard, 14 November 1991
- ^ Nomura set for 375m pound pub spree The Scotsman, 7 November 1998
- ^ Greenalls pubs go Scottish BBC News, 14 September 1999
- ^ Quinn buys Belfrey Golf Course Guardian, 11 February 2005
- ^ Daresbury steps down at De Vere to break 244 years of family ties The Times, 18 January 2006
- ^ Lloyds-backed Alternative Hotels Group may be sold Daily Mail, 12 February 2011
- ^ Group completes De Vere buy-up Liverpool Daily Post, 6 September 2006
- ^ The Alternative Hotel Group renamed as the De Vere Group Caterer Search, 17 December 2010
- ^ Balfour-Lynn steps down from De Vere Group Caterer Search, 19 September 2011
- ^ a b Draught Portfolio
External links
Categories:- Defunct brewery companies of the United Kingdom
- Companies established in 1762
- Companies based in London
- Hotel and leisure companies of the United Kingdom
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