Northern Ireland’s biggest pub chain has gone into administration.
Botanic Inns currently has 16 outlets in its portfolio, including two hotels, Madison’s in Belfast and Denvir’s in Downpatrick and two Dr:nk off sales.
Over 500 people are employed across the venues.
It runs numerous well-known bars in Belfast including The Botanic Inn, The Apartment, The King’s Head, The Northern Whig and McHugh’s.
The administrators, John Hansen and Stuart Irwin of KPMG in Belfast, said their intention is for the venues to continue to trade as normal and it is “business as usual”.
“The Joint Administrators are currently undertaking a review of the business and have spoken to management, the workforce and other key stakeholders in an effort to determine a successful outcome to the administrations, namely the survival of the business as a going concern,” a statement said.
The Joint Administrators said they will be keeping management and employees informed of the progress of the administrations in the coming days.
They said they would not make any further comment until they have completed their review.
All the bars and hotels owned by Botanic Inns, will continue to trade while a buyer is sought.
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