Greene King is a large pub retailer and brewer. It is based in Bury St Edmunds, Suffolk, England. The company owns pubs, restaurants and hotels. It was listed on the London Stock Exchange until it was acquired by CK Assets in October 2019. Its best known beers are Greene King IPA and Abbot Ale, the third and fifth highest selling cask ales in Britain. History The brewery was founded by Benjamin Greene in Bury St. Edmunds in 1799. In Richard Wilson's biographical analysis of the Greene family, he credits various family members for being able to achieve distinction in the worlds of business and banking, literature (Graham Greene, for example) and broadcasting in the nineteenth and twentieth centuries.' In 1836 Edward Greene took over the business and in 1887 it merged with Frederick William King's brewing business to create Greene King. Greene King has grown via mergers and acquisitions, including Rayments Brewery (1961), the Magic Pub Company (1996), Hungry Horse (1996), Morland Brewery (1999), Old English Inns (2001), Morrells (2002), a large part of the Laurel Pub Company (2004), Ridley's Brewery (2005), Belhaven Brewery (2005), Hardys and Hansons (2006), the Loch Fyne fish restaurant chain (2007), Cloverleaf (2011), Realpubs (2011), the Capital Pub Company (2011) and the Spirit Pub Company (2015). The Spirit acquisition, where Greene King bought Spirit for £773.6m, took the total number of Greene King sites to 3,116, brought 14 brands together and made Greene King the largest managed pub company in the UK. It was completed on 23 June 2015. It was announced in November 2018 that Rooney Anand would be stepping down from his role as CEO after 14 years in the position. In 2019 the Hong Kong based CK Assets announced the proposed take over of Greene King, which shareholders had to approve. According to the Financial Times, the holding company took the view that the pubs owned by Greene King are an asset that is safe from potential recession. Analyst David Blennerhassett told the FT that CK Assets has a track record of buying such assets in the UK and he does not expect it to sell Greene King later as a bet on the falling pound. The takeover was approved by the High Court in October 2019. Operations The Greene King brewery in Bury St Edmunds produces beers branded in the names of breweries now closed, including Morland (Old Speckled Hen), Ruddles,