CITY PUB Group has snapped up a total of 52 per cent of shares in Mosaic Pub and Dining Group — taking its portfolio of up market pubs to 52 sites across London, Wales and the south of England.

The pub group, which owns the popular Chelsea haunt The Phene, first bought stakes in the company around three years ago and has continually upped its offering since then.

From June 2023, City Pub Group will take operational control of the pubs in the Mosaic estate, which consists of pubs in London and Birmingham.

The group has recorded a 13 per cent like for like increase in the 23 weeks to June, with sales only slightly hindered by train strikes.

(c) 2023 City A.M., source Newspaper