Bowmark Capital-backed Drake & Morgan acquires Corney & Barrow bars

The acquisition, which forms part of Drake & Morgan’s strategy to build a significant, multi-brand bar and restaurant portfolio, more than doubles the number of sites managed by the group to 20. Although all the current sites are in London, the group has also announced plans to open in Manchester and Edinburgh in the next few months.

Jillian Maclean, managing director of Drake & Morgan, commented: “The acquisition strengthens our presence in the City and will also enable us to introduce Corney & Barrow’s fantastic portfolio of wines across the Drake & Morgan estate.” Percy Weatherall, chairman, Corney & Barrow said: “We look forward to a continued and productive relationship as we work with Drake & Morgan to build its wine offering.”