Robinsons Brewery has announced a significant increase in its investment spend with its business partners, supporting nine sites in the first three months of this year.
With £1.6m of the spend being in the pub partner estate, this represents a three-fold increase on 2023 levels. It is seen as a sign of more long-term post-pandemic confidence by the brewery and its business partners.
In total, £2.3m was spent, including three managed investments, meaning an average of just under £200,000 per pub. This keeps the brewery on track to support around 10% of its 250-pub estate each year.
“Our overall investment plan has not changed, but what we are seeing this year is a significant increase in spend alongside our business partners,” said William Robinson, director (pub division) at Robinsons.
“The significant increase reflects our dedication to nurturing and developing long-term partnerships and ensuring each of our pubs can be the best in the community it serves.
“We have a promising investment plan for quarter two of 2024 and look forward to announcing further updates towards the end of June.”