OFT Decision

RNS Number : 3140D

C&C Group Plc

30 November 2009

 



Unconditional Approval from OFT for Acquisition of Tennent's

Dublin, London, 30 November 2009: C&C Group plc ('C&C' or the 'Group'), a leading manufacturer, marketer and distributor of branded beverages in Ireland and the UK, today announces that it has received unconditional approval from the UK Office of Fair Trading ('OFT') in respect of the acquisition of the Tennent's business. 

The Group has completed the integration process in the Republic of Ireland and the integration of the Scottish business is well advanced. Following approval from the OFT, C&C will now proceed with the integration of the Northern Irish business.

ENDS

Investors and Analysts	Irish Media	International Media
Mark Kenny/Jonathan Neilan FD K Capital Source Tel: [phone] Email:  c&[e-mail]	Paddy Hughes/ Anne-Marie Curran Drury Tel:    [phone] Email:  [e-mail]	Robert Ballantyne/ Shanshan Willenbrock Cardew Group Tel:    [phone] Email: [e-mail]

About C&C Group plc  

C&C Group plc is a leading manufacturer, marketer and distributor of branded beverages in Ireland and the UK. C&C manufactures the leading Irish cider brand, Bulmers, and the premium international cider brand, Magners, for export to the United Kingdom, the United States and Continental Europe. C&C recently acquired the Tennent's beer brand which is primarily sold in Scotland and Northern Ireland. C&C also exports spirits and liqueurs, including the premium Irish whiskey brand, Tullamore Dew, to over 80 international markets. The company also distributes a number of beer brands in the Scottish, Irish and Northern Irish markets and niche spirits and liqueur brands across a number of international markets.

C&C is headquartered in Dublin and its manufacturing operations are based in Clonmel, Co. Tipperary and Glasgow. C&C is listed on the Irish and London Stock Exchanges. 

 

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