Punch Taverns plc (LSE: PUB) is the largest pub and bar operator in the United Kingdom, with around 6,800 leased, tenanted and managed pubs.

It is headquartered in the traditional brewing centre of Burton upon Trent in Staffordshire.

It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

The company was founded by Hugh Osmond and Roger Myers in 1997 when they bought the Bass portfolio of public houses.

Mr Osmond then snatched Allied Domecq's pubs from Whitbread in 1999 after a ferocious bid battle with the then brewer.

After the deal, Punch spun off its managed pubs into a separate division, Punch Retail, which was later renamed Spirit Group.

Source: Wikipedia