Camerons Brewery are delighted to announce the acquisition of the Bar Soba group. The addition of Bar Soba, which has 5 venues in the UK, will see the brewer grow its retail managed pub estate to 34 sites.
Bar Soba, has three venues in Glasgow and one in each Edinburgh and Leeds. Each venue is vibrant and colourful serving remixed fresh food from the streets of South-East Asia with DJs playing cool tracks alongside indulgent and creative cocktails.
Chris Soley, chief executive at Camerons Brewery said “This is a deal we have been working on for some time and we are delighted that this has now gone through. We have been extremely impressed by the Bar Soba brand and identified the potential for this group to develop. Growing our retail pub group is one of our key business strategies and we will continue to look to add more venues to our various pub brands. We identified an opportunity to add another brand in our portfolio to complement the offers in our The Head of Steam and Urban Country Pubs and we feel the unique food and drinks experience Bar Soba offers gives us an exciting new opportunity to grow our estate further.”
“A big part of the acquisition involves retaining the staff who have been involved in Bar Soba’s success. All of the current management team and staff will remain in place and this business will operate independently as a stand-alone business. We look forward to welcoming David (Ladd) back into our business as he was a great asset to Camerons when he worked with us previously within our operations team” Chris added.
David Ladd, CEO at Bar Soba said “We are all delighted and very excited to be part of Camerons Brewery. Bar Soba is a fantastic, successful brand with a highly talented and dedicated team. With support from the management team at Camerons we are all looking forward to new opportunities to grow the business.”
“On a personal level I would like to thank the Business Growth Fund for their support, I am however thrilled to be working with everyone at Camerons again” David added.
The brewer also acknowledged the continued support of HSBC who have helped Camerons finance the acquisition of the Bar Soba group. Thanks also to Weightmans who provided legal advice and to Grant Thornton & UNW for providing financial due diligence on the transaction
For more information on Bar Soba please visit their website https://www.barsoba.co.uk/ or follow their social media pages.