Punch Pubs and Co acquires The Straw Bear, Peterborough

Punch Pubs and Co has announced the acquisition of The Straw Bear pub in the Peterborough suburb of Whittlesey for an undisclosed sum.

The traditional wet-led pub dates back to the mid-20th Century, located in the market town of Whittlesey just six miles east of Peterborough.

It will sit within Punch’s Leased and Tenanted estate with current managers Kim Howard and Jemma Burgess remaining at the helm.

Howard and Burgess have been running the Straw Bear for several years, and have been “key players” in contributing to its reputation.

The traditional-style pub boasts a large bar area with ample seating and is complimented by a south-facing beer garden.

Punch is continually seeking more acquisitions, including packages and single-site opportunities that fit well with its “modern and progressive vision and growth plans”.

Andrew Cannons, Punch Pubs and Co head of Estate Development and Acquisitions, said: “We are delighted to welcome Kim, Jemma and the rest of the team as we expand our portfolio with The Straw Bear.

“The pub has an excellent reputation within the community of Whittlesey, and I am certain that it will continue to thrive with the help of our industry-leading investment and support, for many years to come.”

David Hill, Punch Pubs Operations Manager, added: “I am incredibly pleased to be working alongside Kim, Jemma and the team at the Straw Bear, and I am excited to be working alongside them in our new venture. The Straw Bear is an excellent pub that many locals know and love, and I’m excited to see what the future looks like here.”