Amber Taverns bought for £80m

Blackpool-based Amber Taverns has been sold by Legal & General Capital to MXP Partners and BlueBay Asset Management in a deal worth £80m.

The company, which buys and renovates pubs, currently has 95 properties on its books and recently secured funding to expand that number further.

Legal & General bought its 82 per cent stake in the firm in 2010 for £35m. BlueBay becomes the biggest shareholder, followed by MXP and then management, which has reduced its own shareholding slightly. Amber Taverns has also agreed a £34m debt facility with HSBC to fund additional expansion.

Clive Preston, chairman of Amber Taverns, said: “The continuing success of our business is proof that the traditional ‘wet-led’ pub is alive and well, and quality venues in a good location with a competitive offer will thrive.

“Our customers want to enjoy great pubs in their local community which offer value for money and which also screen the best sporting events and we are delivering exactly that.

“The guidance and support we have received from Legal & General has been invaluable in achieving the ambitious expansion plans we have pursued since their investment in 2010 and we look forward to the next chapter for Amber Taverns’ continued development with MxP Partners."

Enjoyed this? Read more from Lancashire Business View

Latest news

1

Lancashire firms on fastest growing list Adam Morning and Dan Wilkins from CAPO and Will Fletcher from Car.co.uk

Lancashire firms on fastest growing list

05 Jun 2026

2

Velocity appointment looks over the pond Declan Grant

Velocity appointment looks over the pond

05 Jun 2026

3

Nordic move for health-tech specialist Hepro CEO Gier Tore Jakobsen And Chiptech CEO David Hammond

Nordic move for health-tech specialist

04 Jun 2026

4

Family firm to open major distribution centre Melba Swintex Distribution Hub

Family firm to open major distribution centre

04 Jun 2026

5

Fuuse appoints new chief executive for next chapter of growth Michael Gibson and Roger Hunter

Fuuse appoints new chief executive for next chapter of growth

04 Jun 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Funding Summit
Funding Logo Canva Mid
Summit
17 Jun 2026

Funding Summit

Village Hotel Blackpool

08:30 - 11:00

LBV129 July/August Magazine Networking Event
Nov/Dec Networking Event
Networking
16 Jul 2026

LBV129 July/August Magazine Networking Event

Brysdales, Britannia Buildings Drumhead Road, Chorley, PR6 7BX

16:00 - 18:00

LBV130 September/October Magazine Networking Event
Jan/Feb Networking Event - Entrance
Networking
17 Sep 2026

LBV130 September/October Magazine Networking Event

The Beehive Blackburn, Shadsworth Business Park, BB1 2Q

08:30 - 10:30

LBV131 November/December Magazine Networking Event
Jan/ Feb Networking Event - Talking
Networking
19 Nov 2026

LBV131 November/December Magazine Networking Event

Lancashire

08:30 - 10:30

Yellow Day 2026
LBV Hub Fundraisers
07 Jun 2026

Yellow Day 2026

St Catherine's Hospice, Preston, pr55xu

11:00 - 16:00

Opening doors and opportunity for Tech in Preston
PTC Square June (900 x 900 px)-2.png.png
LBV Hub Networking
09 Jun 2026

Opening doors and opportunity for Tech in Preston

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Hampton by Hilton Blackburn Corporate Social Evening
Hampton Corporate Social (2).jpg.jpg
LBV Hub Networking
09 Jun 2026

Hampton by Hilton Blackburn Corporate Social Evening

Hampton by Hilton Blackburn, Blackburn, BB1 3AL

18:00 - 20:00

Clubhouse Business Network sponsored by Orca Finance - June 2026
Padel Network.png.png
LBV Hub Networking
11 Jun 2026

Clubhouse Business Network sponsored by Orca Finance - June 2026

Clubhouse , Blackburn, BB1 3NT

14:00 - 16:00

The Business Network Central and East Lancashire
LBV Header (33).png.png
LBV Hub Networking
18 Jun 2026

The Business Network Central and East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Chamber Business Lunch
LBV Hub Networking
19 Jun 2026

Chamber Business Lunch

Lancaster House Hotel, Lancaster, LA1 4GL

11:00 - 14:00

The Bay Business Club
Logo.jpg.jpg
LBV Hub Networking
22 Jun 2026

The Bay Business Club

Morecambe Football Club, Morecambe, LA4 4TB

17:00 - 19:00

How to manage grievances…with confidence
Logo.jpg.jpg
LBV Hub Seminars
24 Jun 2026

How to manage grievances…with confidence

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin