Out of a total 185 locations run by Bramwell Pubs and Bars, administrators from Zolfo Cooper have secured the sale of 78 to Stonegate Pub Company.
Some 1700 of 3300 jobs in the group (52%) were secured as part of the move, which follows the appointment of administrators Peter Saville, Kevin Coates and Anne O’Keefe to Bramwell on October 31, 2013.
The administrators aim to continue trading while exploring opportunities for the remaining sites.
Peter Saville said: “We are extremely pleased to have secured the sale of this significant number of units to Stonegate and we wish Stonegate and the staff all the best for the future.”
Toby Smith, chief executive of Stonegate, said: “We are delighted to have been able to secure a large number of fantastic sites, many of which are located in towns and cities where we are not currently represented and are looking forward to welcoming our new colleagues to the company.”