Further re Acquisition of Vermont Hard Cider Company, LLC
C&C Group PLC
C&C Group plc (“C&C†or the “Groupâ€), a manufacturer, marketer and distributor of branded cider and beer, announces that it has received notification of early termination of the waiting period under the US Hart-Scott-Rodino Antitrust Improvements Act in relation to its proposed acquisition of the Vermont Hard Cider Company, LLC. Subject to satisfaction of the other customary completion conditions, it is now able to proceed to completion of the acquisition.
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About C&C Group plc
C&C Group plc is a manufacturer, marketer and distributor of branded cider and beer. The Group manufactures Bulmers, the leading Irish cider brand, Magners, the premium international cider brand, the Gaymer Cider Company range of branded and private label ciders and the Tennent's beer brand. C&C Group also owns Hornsby’s, a leading craft cider brand in the United States. The Group also distributes a number of beer brands in the Scottish, Irish and Northern Irish markets, primarily for Anheuser-Busch InBev.
About the Vermont Hard Cider Company, LLC
The Vermont Hard Cider Company (“VTHCC“) is a premium, craft cider company based in Vermont, USA. In 1991, the VTHCC team began selling hard cider in the United States from a small craft production facility in Vermont. Since then, its main brand Woodchuck has grown into the top selling hard cider brand in the US. That growth reflects the pioneering spirit of the VTHCC team, their product innovation and their commitment to their consumer base.
Note regarding forward-looking statements
This announcement includes forward-looking statements, including statements concerning current expectations about future financial performance and economic and market conditions which C&C believe are reasonable. However, these statements are neither promises nor guarantees, but are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.
C&C Group plc | Contacts
C&C Group: | Â | Alan Daly |
Head of IR | ||
Tel: +353 1 654 6239 | ||
Email: alan.daly@candcgroup.ie |
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Investors & Analysts: | Mark Kenny/Jonathan Neilan | |
FTI Consulting | ||
Tel: +353 1 663 3686 | ||
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Media Dublin: | Paddy Hughes | |
Drury | ||
Tel: +353 1 260 5000 | ||
Email: paddy.hughes@drury.ie |
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Media London: | Robert Ballantyne/Shanshan Willenbrock | |
Cardew Group | ||
Tel: +44 20 7930 0777 | ||