The company can now have a tighter focus with plenty of cash to grow
Thursday 14 Feb 2019 Author: Lisa-Marie Janes
Pub operator Fuller, Smith & Turner ( FSTA ) is in an interesting position strategically as it will soon have a large amount of cash to help expand its estate of pubs and accommodation. The £250m disposal of its beer business to Japan’s Asahi will leave it focused on properties to sell beer, rather than making and distributing it. While culturally it may seem odd as the Fuller’s brand...