According to a report in the Financial Times, the Russian billionaires, Simon and David Reuben, have emerged as late bidders for the Scottish & Newcastle (S&N) pub estate, valued at around £2.3 billion.

Some nine bidders were already thought to be interested in the pub estate including Spirit Group, Texas Pacific Group, Mitchell & Butlers, Laurel Pub Company, Pubmaster and Terra Firma.

The Reubens, who made their fortunes in the alluminium business in the 1990s, recently made an audacious bid to acquire the prestigious London department store, Selfridges.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

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