Our History Timeline

1991

Following the monopolies and mergers review chief executive Ted Tuppen leads the management buy-in of 368 pubs from Bass that marks the birth of Enterprise.

Further acquisitions take the estate to 486 pubs. Strong profit growth enables a successful flotation on the London Stock Exchange in November.

1995
1996

The acquisition of John Labatt (UK) Limited for £62 million. The additional 413 pubs enabled Enterprise to become a national company.

The acquisition of Discovery Inns for £46 million saw a further 277 pubs in areas of the country previously not well represented.

1997
1998

Enterprise buys Mayfair Taverns for £37.4m; the 276 pubs provide greater presence in the North West, East Midlands and South East of England.

Century Inns is acquired for £79.1m, 498 tenanted and managed houses.

1999
1999

​ 217 pubs are acquired from Bass for £69.3m. The estate is now 2,430 strong.

Enterprise buys the Swallow Inns and Restaurants business from Whitbread for £115m.

2000
2001

439 former Whitbread managed pubs are bought from Morgan Grenfell Private Equity for £266.7m.

​432 managed pubs are bought from Scottish & Newcastle for £263.6m as part of a joint acquisition with Robert Breare's Noble House Leisure.

2001
2002

Enterprise invests £75m for a 16.8% stake in Newco, a consortium created to buy 3,219 Unique and 940 Voyager pubs for more than £2b from Japanese investment bank Nomura.

Enterprise acquires 1,860 pubs from Laurel Pub Holdings for £875m, taking the estate to 5,300 pubs.

2002
2004

Enterprise buys outright the 4,054-strong Unique Pub Company (previously called Newco) for £609m.

Enterprise sells 239 pubs to Admiral Taverns for £61m to avoid referral of its Unique purchase to the Competition Commission.

2004
2004

Enterprise is now the UK's largest leased and tenanted pub company with 8,700 venues.

Enterprise completes the integration of the Unique Pub Company and sells 41 more pubs to Admiral Taverns for £10.45m.

2005
2006

Enterprise refinances its syndicated debt at more attractive rates, more than doubling its facility from £490m to £1b for a five-year term.

Enterprise sells 769 pubs (one-quarter of which are based in London and the South East of England) to Admiral Taverns for £318.1m. The sale leaves Enterprise with 7,700 pubs.

2006
2006

Enterprise pulls out of Scotland with the £115m sale of its 137-strong Scottish estate to Retail and Licensed Properties, a company owned by Laurel pub owner Robert Tchenguiz's investment vehicle R20.

Following further disposals, the Enterprise estate stands at 5,493 remaining at the end of September.

2013
2014

In February Ted Tuppen stands down as chief executive.

On 6th February Simon Townsend was appointed CEO.

2014
2015

Enterprise launches its new strategy: building a more valuable Enterprise through asset optimisation.

Established four business units, ei publican partnerships, ei commercial properties, ei managed operations and ei managed investments to support the delivery of the Enterprise strategy.

2016
2016

Enterprise launched its Purpose, Vision & Values to support the delivery of the Enterprise strategy.

The Group changed its name and corporate identity to Ei Group plc on 9th February. The change will help bring our vision and values to life, drive our ongoing 5 year strategy and to clearly communicate who we are and what we do.

2017