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94.50    2.30 (2.49%)
Bid:
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Market Cap: £348.08m
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Acquisition

4 Apr 2018 15:15

C&C Group Plc (“C&C” or the “Group”)

Completion of the acquisition of Matthew Clark Bibendum

Dublin, London | 4 April 2018: Further to the announcement this morning that C&C was in advanced discussions to acquire Matthew Clark (Holdings) Limited and Bibendum PLB (Topco) Limited (“Matthew Clark Bibendum”), C&C confirms that the acquisition has now completed in accordance with the terms set out in this morning’s announcement.

Accordingly, C&C now owns 100% of the issued share capital of Matthew Clark Bibendum.

End

Contacts:

C&C Group plc

Stephen Glancey, Chief Executive Officer
Jonathan Solesbury, Chief Financial Officer
Joe Thompson, Head of Investor Relations Tel: +44 7980 844 580

Joint Corporate Brokers to C&C

Investec | Chris Treneman Tel: +44 20 7597 4198
Davy | Ronan Veale Tel: +353 1 679 7788

Investors, Analysts & Irish Media

FTI Consulting | Mark Kenny/Jonathan Neilan/Paddy Berkery Tel: +353 1 765 0886
Novella Communications | Tim Robertson Tel: +44 203 151 7008

About C&C Group plc C&C Group plc is a premium drinks company which owns, manufactures, markets and distributes branded beer, cider, wine, soft drinks and bottled water. C&C Group brands include: Bulmers the leading Irish cider brand; Tennent’s, the leading Scottish beer brand; Magners the premium international cider brand; Tipperary Water; Finches soft drinks, as well as a range of niche, premium and craft ciders and beers. C&C Group also owns and manufactures Woodchuck, a leading craft cider brand in the United States and manufactures and distributes a number of 3rd party international beer brands in Scotland and Ireland. C&C is also a leading drinks wholesaler in Scotland and Ireland, where it operates under the Tennent's and C&C Gleeson brands respectively. C&C Group is headquartered in Dublin with manufacturing operations in Co.Tipperary, Ireland; Glasgow, Scotland; and Vermont, US. C&C Group plc is listed on the Irish and London Stock Exchanges.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180404005754/en/

Copyright Business Wire 2018

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