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 WeatherToday:Mainly dry this morning with sunny spells then scattered showers breaking out this afternoon. A chilly start then feeling warmer in afternoon sunshine. Light southerly winds. Maximum temperature 11 °C.Tonight:Any showers at first soon dying out. Then dry overnight with clear periods and turning chilly with a touch of frost later tonight. Minimum temperature 1 °C.