Newcastle leisure firm Vaulkhard Group narrowed its losses in a year which saw it become one of Newcastle’s biggest operators with a string of acquisitions.
The Gallowgate-based hospitality firm, owners of venues including the Quilted Camel, The Diamond, Bar Luga, Blakes Coffee House and the Mushroom, took on a number of new pubs last year during a major reshuffle for city centre bar ownership.
The company, formed by directors Ollie and Harry Vaulkhard following the death of their father Nigel, was among Tyneside operators taking stock of their portfolios in the pandemic, which led to it acquiring seven new venues: Newcastle’s Beeronomy, which is now Castro’s, the Bridge Tavern, The Town Wall, Offshore 44, Bob Trollops, Redhouse and the Beehive. Since the end of its financial year, it has also snapped up The Staith House in North Shields.
