Derbyshire pub business The Pub People has been sold to investment management company Downing LLP.
The Alfreton business has 49 pubs and the new owner said they plan to add to that number. It has been sold by shareholders Andrew Crawford and Kevin Sammons, and Downing has merged it with its existing investment in Autumn Pubs – which has been managed under contract by Pub People since 2012.
Mr Sammons has headed the business for more than 28 years, establishing it as one of the top independent pub companies in the Midlands, with an estate based in and around Nottingham, Derby, Chesterfield, Sheffield, and Lincoln.