The Liberation Group has made its first acquisition - the Red Onion pub in St Peter Port, Guernsey - a freehold managed house which is an excellent fit with The Liberation Group’s existing, high quality managed estate across Jersey and Guernsey.
Mark Crowther, CEO of the Liberation Group, welcomed the news: ‘We’re absolutely delighted with this deal, which is further proof of our original pledge to invest with the primary aim of growing the business in the mid to long-term.’
The Red Onion is the Liberation Group’s 22nd establishment in Guernsey and its first acquisition in the Channel Islands since the initial deal in July 2008. Mark Crowther said that the Group is firmly committed to the Channel Islands: ‘Despite these uncertain times we have a strong belief in Guernsey and are still investing. We see this as a terrific opportunity.’
