Mitchells & Butlers plc (LON:MAB)
ConsumerFounded in 1898, Mitchells & Butlers Plc is a UK-based operator of managed restaurants, pubs and bars providing a range of choice of eating and drinking-out experiences through its well-known brands. It operates over 1,700 restaurants and pubs across UK. The company has expanded itself through strategically acquiring potential businesses such as Orchid Pub Group, 22 Ha Ha Bar & Grill businesses, 239 pub restaurants from Whitebread Plc, 44 pub restaurants for 21 Express by Holiday Inn lodges and Harvest, Browns and 550 pubs from Punch. the company is listed on the London Stock Exchange as LON: MAB and is a constituent of the FTSE 250 Index.
The company is also responsible for construction and maintenance programmes such as conversions, new builds, building maintenance, major refurbishment and compliance activities, and it also offers advices on technical services and building policy. The company aims to become the first choice for anyone looking to go out for a relaxed, casual meal or drink. The company’s brand portfolio includes Sizzling pubs, Harvester, Toby Carvery, Nicholson’s ALEX, Miller & Carter, Innkeeper’s Lodge, Orchid Pubs, Stonehouse Pizza & Carvery, Vintage Inns, Ember Inns, Castle, O’Neill’s, All Bar One, Browns, Oak Tree and Premium country pubs.
The company operates through two core segment that include Retail and Property business. the company’s subsidiaries include Mitchells & Butlers Retail (No. 2) Limited, Orchid Pubs & Dining Limited, Mitchells & Butlers Retail Limited, Midco 1 Limited, Ha Ha Bar & Grill Limited, ALEX Gaststatten Gesellschaft mbH & Co KG and Mitchells & Butlers (Property) Limited. Its subsidiaries are engaged in the business of property leasing, leisure retailing, property management and finance.
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