Trust Inns Ltd is a pub company based in
Chorley
Chorley is a town and the administrative centre of the wider Borough of Chorley in Lancashire, England, north of Wigan, south west of Blackburn, north west of Bolton, south of Preston and north west of Manchester. The town's wealth came pr ...
,
Lancashire
Lancashire ( , ; abbreviated Lancs) is the name of a historic county, ceremonial county, and non-metropolitan county in North West England. The boundaries of these three areas differ significantly.
The non-metropolitan county of Lancashi ...
. Trust Inns own nearly 500 tenanted pubs in
England
England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...
,
Wales
Wales ( cy, Cymru ) is a Countries of the United Kingdom, country that is part of the United Kingdom. It is bordered by England to the Wales–England border, east, the Irish Sea to the north and west, the Celtic Sea to the south west and the ...
and
Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the ...
. Trust Inns specialises in buying pubs and then renting them to tenants, who pay rent to Trust Inns while they live in and run the pubs.
History
The company was established as the Pub Estates Group in 1995 specifically to purchase a portfolio of pubs from the
Scottish & Newcastle
Scottish & Newcastle plc was a brewing company headquartered in Edinburgh, Scotland, which expanded from its home base to become an international business with beer volumes growing almost tenfold.
The company was listed on the London Stock Exc ...
brewery. The company subsequently purchased further pubs from drinks company
Allied Domecq
Allied Domecq PLC was an international company, headquartered in Bristol, United Kingdom, that operated spirits, wine, and quick service restaurant businesses. It was once a FTSE 100 Index constituent but has been acquired by Pernod Ricard. They ...
and Go-Ahead Leisure.
It changed its name to Trust Inns in September 2004.
Mitchells & Butlers
Mitchells & Butlers plc (also referred to as "M&B") runs circa 1,784 managed pubs, bars and restaurants throughout the United Kingdom. The company's headquarters are in Birmingham, England. The company is listed on the London Stock Exchange an ...
sold 102 pubs to Trust Inns in 2006 for £101 million.
References
External links
The official company site
{{coord missing, Lancashire
Pubs in the United Kingdom