Nothing but negotiation

The Gap Partnership

Greene King acquires Cloverleaf

Green King acquires Cloverleaf

31 January 2011

Pub restaurant group Cloverleaf has been purchased by Greene King in a deal worth £55.8 million.

The completion of business negotiations added another 12 restaurants to Greene King's existing estate, which includes the Hungry Horse carvery chain, as well as Loch Fyne sea food restaurants, Scottish business Belhaven and the Old English chain.

Greene King now plans to invest £25 million to open ten Cloverleaf venues within two years as part of its strategy to focus on food-led sites.

The firm stated it was an "exciting acquisition".

"Cloverleaf operates large, freehold, quality pub restaurants, across the north of England and the Midlands and is well positioned to capitalise on the growing carvery market," it said.

Following the acquisition news and today's (January 31st) trading update Greene King's shares rose five per cent.

Business negotiations have also been completed by the Britannia Hotel Group as it has acquired the Pontin's holiday camp brand. 

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more

July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more

April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more

February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more

December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more