The hotel group headed up by entrepreneur Julian Dunkerton has reportedly saved a pub in a Cotswolds town to add to its burgeoning portfolio.
According to local press, Punchline, entrepreneur Julian Dunkerton has taken over The Crown at Michinhampton, a pub which has been closed since 2012, from owners Ei Group.
It will now reportedly join No. 131, No. 38 The Park, The Tavern, The Wild Duck in Cirencester and The Wheatsheaf Inn in Northleach, as part of the Lucky Onion Group.
In August, BH revealed that the Dunkerton had acquired The George Hotel in Cheltenham, a Grade-II listed, 24-bedroom property off a guide price of £3.6m.
A comment on The Crown Inn’s Facebook page says: “At last, the moment you have been waiting for. We are delighted to announce that the Crown Inn has been SOLD!” said one of the leading campaigners to save the pub, Simon Witney.
A spokesman for Ei Group, formerly known as Enterprise Inns plc, said: “The Crown is no longer our pub. It is now in the hands of the Lucky Onion Group.”
The value of the deal has not been disclosed.
Dunkerton stepped down from his position on the board of Superdry plc, the international fashion chain he founded, earlier this year to pursue other business interests.
Since then he has been investing in his family’s cider business, Dunkertons Cider, now relocated to Dowdeswell Estate near Cheltenham, and building up his Lucky Onion portfolio.