The story
The company was established by Allan Lockhart and David Lockhart as a property company focusing on the retail sector under the name NewRiver Retail in September 2008. The company was the subject of an initial public offering on the London Stock Exchange in September 2009.
In 2009 Mark Davies, the then-husband (divorced in 2017) of the Conservative MP Mims Davies joined the company as finance director. The company have since donated to her "local party organisation or indirectly via a central party organisation"
The company acquired 202 pubs from Marston's for £90 million in December 2013 and 158 pubs from Punch Taverns for £53.5 million in August 2015. The company altered its structure and changed its name to NewRiver REIT in July 2016.
In February 2018, David Lockhart stepped down as CEO and was replaced by Allan Lockhart. David Lockhart became Executive Deputy Chairman.
In 2024, NewRiver acquired Ellandi and absorbed it into the company.
In September 2024, the company made a takeover offer for Capital & Regional worth £147 million. The transaction was completed three months later.
From Wikipedia’s article on NewRiver, shared under CC BY-SA 4.0.4