Sunday 27 March 2011

Stonegate

Since the last blog there have been changes in the financial world that have effected Newman Gauge Design; after the initial shifting of corporate debt in Punch Taverns, the impression was that the work would die down for a while, which they have on the Punch Side. However with the Punch brand deciding not to invest; there has been activity in other brewery brands, particularly Mitchells & Butler. M & B are another important client of Newman Gauge, a lot of work comes for the lower brands of this company such as Sizzling Pub Co. and Crown Carveries; this work load is steady and there is some talk of more investment and change in these brands.

However, M & B have agreed a deal to sell 300 of there pubs at various locations to another company that has started under the name Stonegate Pub Co. With the previous connections at M & B, Newman Gauge have acquired some initial design work from the new company investing to change the brand of various pubs. 

The first set of investment is at a low level with Stonegate investing to change various O'neills on the high street to Molloy's with a small investment of 300k for these outlets they have purchased, a simple name change and possible low budget refurbishments. 

Molloy's Logo

 http://www.caterersearch.com/Articles/2011/01/31/336822/Stonegate-launches-Irish-pub-brand-Molloy39s.htm



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