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C&C acquires all of Wallaces Express

By BFN News | 08:34 AM | Tuesday 18 March, 2014


C&C Group, a manufacturer, marketer and distributor of branded cider and beer, has acquired the outstanding 50% share of Wallaces Express that it did not already own. C&C acquired an initial 50% stake in Wallaces Express in March 2013. Wallaces Express is Scotland's largest wine and spirits wholesaler. The acquisition is consistent with C&C's strategy to develop a multi-beverage operating model in Scotland. C&C also announced that it will issue its results for the year ended 28 February on 20 May. At 8:34am: (LON:CCR) C&C Group PLC share price was +0.05p at 4.68p Story provided by StockMarketWire.com

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