Fuller, Smith & Turner

Last updated

Fuller, Smith & Turner PLC
Company type Public Limited Company
LSE:  FSTA
Industry Public Houses
Founded1845;179 years ago (1845)
Founders
  • John Bird Fuller
  • Henry Smith
  • John Turner
Headquarters,
Key people
RevenueIncrease2.svg £336.6 million (2023) [1]
Increase2.svg £25.1 million (2023) [1]
Increase2.svg £7.9 million (2023) [1]
Website fullers.co.uk

Fuller, Smith & Turner is a public limited company based in London, England, whose origins lie in Fuller's Brewery in Chiswick, West London. In 2019, it sold its brewing division, leaving it as a pub operator. The company's registered office is now on Strand-on-the-Green in Chiswick, London. [2]

Contents

History

Beer has been brewed on Fuller's historic Fuller's Brewery site, also known as the Griffin Brewery, in Chiswick since the seventeenth century. [a] From the original brewery in the gardens of Bedford House on Chiswick Mall, the business expanded and thrived until the early part of the nineteenth century. Money problems forced the owners, Douglas and Henry Thompson and Philip Wood, to seek a partner. [3] John Fuller, of Neston Park, Wiltshire was approached to see if he would inject the required amount of money. In 1829 he joined the enterprise, but the partnership proved a difficult one and in 1841 Douglas Thompson fled to France and the partnership was dissolved. It became apparent that it was difficult for one man with no brewing experience to run a brewery of that size alone. In 1845 John Fuller's son, John Bird Fuller, was joined by Henry Smith from the Romford Brewery of Ind & Smith and his brother-in-law, head brewer John Turner, thereby forming Fuller, Smith & Turner. [3]

In June 2018, Fuller, Smith & Turner acquired Bel & The Dragon, which had six country inns in the South East. [4]

In 2019, Fuller, Smith & Turner Plc sold their brewing division (The Fuller's Griffin Brewery, as well as Cornish Orchards, Dark Star Brewing and Nectar Imports) to Asahi for £250m. [5] [6] Asahi stated that it would continue to brew beer at the Griffin brewery. [7]

In October 2019, Fuller, Smith & Turner acquired Cotswold Inns & Hotels, comprising seven freehold country inns and hotels and eight freehold staff cottages in the Cotswolds, and two leasehold bars in Birmingham's city centre. [8]

The Company previously owned The Stable, a craft cider and gourmet pizza restaurant business in England and Wales, which it sold in 2020. [9]

Operations

Fuller, Smith & Turner still own and operate over 380 pubs, inns, and hotels across the south of England, including 209 managed businesses and 175 tenanted inns. [10] It has more than 820 boutique bedrooms in its managed estate and 44% of sites are within the M25. [11]

See also

Notes

  1. Fuller's History and Heritage page states "In the late 1600s".

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References

  1. 1 2 3 "Full Year 2023 statement" . Retrieved 3 July 2023.
  2. "Shareholder Contacts: Registered Office: Pier House". Fuller, Smith & Turner. Retrieved 3 July 2021.
  3. 1 2 "History and Heritage". Fuller's. Archived from the original on 29 July 2019. Retrieved 29 July 2019.
  4. French, Phoebe (1 June 2018). "Fuller's acquires pub chain Bel & The Dragon" . Retrieved 26 November 2021.
  5. "Proposed Sale of the Fullers Beer Business to Asahi and Trading Update - Fuller's".
  6. Gates, Philip (21 January 2019). "Brewer to sell beer business to Japanese firm for £250m". businessInsider. Retrieved 25 January 2019.
  7. Wood, Zoe; Jolly, Jasper (25 January 2019). "London Pride maker Fuller's sells beer business to Asahi for £250m". The Guardian .
  8. "Fuller's acquires Cotswolds Inns & Hotels".
  9. "Fuller's sells pizza business to budding chain led by ex-POD and Byron founders". Foodservice Equipment Journal. 9 June 2020.
  10. "Full Year Results 2021". Fullers. 8 July 2021. Retrieved 11 October 2021.
  11. "Full Year Results 2021". Fullers. 8 July 2021. Retrieved 11 October 2021.

51°29′14″N0°15′02″W / 51.48722°N 0.25056°W / 51.48722; -0.25056