Hugh James Advises SA Brain on Sale of Pub Portfolio to Song Capital

Prime 100 British isles legislation firm, Hugh James, has encouraged foremost brewery business, SA Brain & Company, on the sale of a portfolio of 95 pub investments to Uk and European investment business, Song Capital.

Legal professionals from the Hugh James Corporate House workforce, led by Partner Daniel Morgan, supported its lengthy-standing client on the sale of the freehold and leasehold portfolio. The proceeds of the deal will go toward paying down Brains’ remaining bank personal debt.

Together with the whole Uk hospitality sector, the unbiased loved ones-led brewery company, which has been running considering that 1882, was severely strike financially by COVID-19 and United kingdom lockdown limitations.

According to the firm, the offer presents a foundation for its present day point out of the art facility, Dragon Brewery, in which it brews its renowned beers in the coronary heart of Cardiff.

Commenting on the transaction, Daniel Morgan, a Business Assets Husband or wife at Hugh James, stated now:

This is a important residence offer and an additional action in securing the potential of just one of Wales’s most legendary brewers. We’re delighted to have supported Brains in attaining this thriving outcome. As hospitality and leisure corporations throughout the British isles glimpse to refinance, refocus and innovate write-up COVID, it is a privilege for our legal groups at Hugh James to be ready to help the sector at these a essential time.

Jon Bridge, Chief Executive at S.A. Mind, explained nowadays:

The staff at Hugh James, led by Dan Morgan, have been fantastic, playing a essential role in diligently supporting us by this major transaction. Our long-standing connection with Hugh James will certainly proceed into the foreseeable future as we continue to evolve and improve the Brains manufacturer.