Novus completes Balls Bros deal

Novus Leisure, the privately-owned bar and club group, has acquired the Balls Brothers and Lewis & Clarke businesses out of administration, for a fee that could eventually exceed £7.8m. Novus has acquired 17 of the 19 Balls Brothers bars, of which 14 are in the City of London with the remaining three bars in Victoria, Brook Street in the West End, and Hay’s Galleria.