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Enterprise takes over Century for £79.1m

Enterprise Inns has added another 504 pubs to its estate with the takeover of Century Inns for £79.1m.

Century’s pubs are mostly in the north-east and Midlands. Enterprise had 1,780 outlets before the takeover.

Enterprise intends to shut the Century head office in Stockton-on-Tees. It plans to sell or convert 96 managed houses to tenanted pubs.

Financial Times 30/03/99 page 26
The Daily Telegraph 30/03/99 page 35, page 37 (City Diary)
The Times 30/03/99 page 27, page 28 (Tempus)
The Independent 30/03/99 page 15
The Guardian 30/03/99 page 28

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