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Home > Company Index > Leisure > Restaurants > Punch Taverns Group Ltd.

Punch Taverns Group Ltd.
 PROFILE
How many rounds you can last at one of Punch Taverns Group's 5,100 pubs depends more on your level of thirst than on your fitness. The company teamed with Bass PLC in 1999 to win a bidding war with Whitbread for about 3,500 UK pubs owned by Allied Domecq. The deal made Punch the UK's #1 pub operator, but it dropped to #2 in 2001 following Nomura Securities' buy of about 1,000 pubs from Bass. The company was formed in 1997 by restaurant veterans Roger Myers (Cafe Rouge) and Hugh Osmond (PizzaExpress). US investment firm Texas Pacific Group owns 70% of Punch Taverns.

 COMPETITION
The Nomura Securities Co., Ltd. (NRSCY)
Pubmaster Limited (dossier)
Six Continents PLC (SXC)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
1998 Sales (mil.): 248.70
Employees: 2,150
Revenue per employee: $115,674.42

 KEY PEOPLE
• Karin Jones
    CEO
• Alan McIntosh
    CFO

 CONTACT INFO
54 Baker St., 6th Fl.
London W1M 1DJ, United Kingdom
Phone: 44-20-7935-3536
Fax: 44-20-7935-7090
Online: Web Site

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