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Hot Copper
Hot Copper Pub Company Limited (“Hot Copper”) is a franchised group of pubs with their own microbreweries.
£20.1m
TOTAL INVESTMENT
London
LOCATION
Leisure
SECTOR
April 2015
INITIAL DEAL
INVESTMENTS
1st Investment - April 2015
Subsequent investments - between 2016 and 2018
Overview
Puma Private Equity provided funding into three franchise companies (Hot Copper, Warm Hearth and Knott End Pub Company) of the Brewhouse & Kitchen (B&K) brand, a specialist pub owner/operator developing pubs with onsite breweries in strong locations across Southern England. With an initial investment of £3.1 million, Puma has since made subsequent investments, bringing the total sum committed up to £20.2 million. The funding has helped grow the overall B&K estate to more than 23 sites across England.
Funding was utilised to provide growth capital for the further build-out of the overall B&K branded estate. In December 2020 Knott End Pub Company Limited and Warm Hearth Limited were merged with Hot Copper. This resulted in Puma investors now holding shares in Hot Copper, and therefore having exposure to a larger, more diverse, mostly freehold estate.
About B&K
B&K is the largest brewpub brand in the UK, distinctive for brewing its own unique craft beers onsite and running a participatory experience with beer tasting and brewing masterclasses.
The team continues to win numerous awards. In 2023, B&K was awarded Best Brewing Pub Company at the Publican Awards, as well as a plethora of other awards.
Hot Copper sustainability and environmental impact
The company has made significant investments to improve its sustainability and environmental impact, and is on a journey of continuous improvement. It has made real inroads into reductions in energy usage, including the launch of MinuteView – an Energy Performance Portal.
It uses the portal for the immediate real-time tracking of energy use data within the business, which has enabled it to dramatically increase the amount of oil it recycles. It has also installed high-power and low-energy consumption grills across the entire state. The expectation is that this will deliver an 8.59% saving in gas consumption and an 18-month return on capital employed.
THE COMPANY'S VIEW
OUR VIEW