More Scottish pubs for Pubmaster
WestLB portfolio company Pubmaster, has bought Pub.Com in Scotland for £16.6m. The deal gives Pubmaster 38 pubs mainly in Glasgow, Aberdeen and East Kilbride, taking its total establishments to 71.
Pub.Com, formerly known as Eagle Taverns, was bought by a 3i-led MBO for £33m in 1997. Royal Bank of Scotland provided the finance for both the initial buyout and Pubmaster’s purchase.