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30/11/2009
Magners Buys Gaymer
The maker of Magners cider, C&C, has bought the UK cider brands Blackthorn, Olde English and Gaymer.
As part of a £45m deal, the Dublin-based drinks group has also acquired a range of budget and own-label ciders from Constellation Brands.
The deal includes a cider production facility in Somerset, and a distribution warehouse in Bristol.
C&C said the move would improve its position in the UK market, particularly in the off-licence trade.
John Dunsmore, Chief Executive of C&C Group, said the price of the deal was "highly attractive."
"This transaction strengthens our position within the world's largest cider market and broadens the scope of the group's existing cider offering," he added.
(BMcC/KMcA)
As part of a £45m deal, the Dublin-based drinks group has also acquired a range of budget and own-label ciders from Constellation Brands.
The deal includes a cider production facility in Somerset, and a distribution warehouse in Bristol.
C&C said the move would improve its position in the UK market, particularly in the off-licence trade.
John Dunsmore, Chief Executive of C&C Group, said the price of the deal was "highly attractive."
"This transaction strengthens our position within the world's largest cider market and broadens the scope of the group's existing cider offering," he added.
(BMcC/KMcA)
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Northern Ireland WeatherThis Evening and Tonight:It will be cloudy. Also mainly dry at first this evening but then occasional outbreaks of rain developing overnight. Light southwest winds, and staying mild. Minimum temperature 9 °C.
