C&C acquires InBev assets in $292M transaction (Dealscape

Irish drinks company C&C Group plc agreed Thursday to pay £180 million ($292 million) in cash for a cooler full of assets from Anheuser-Busch InBev NV in the Republic of Ireland, Northern Ireland and Scotland.

The deal is a significant advance for C&C, which depends largely on revenues from cider, notably its Magners cider brand. Once the deal closes, C&C will own the well-known Scottish Tennent's beer brand, a brewery in Glasgow, a loan book of £27 million, and distribution rights for certain other brands, including Stella Artois and Beck's.

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NOT A SUBSCRIBER? C&C acquires InBev assets in $292M transaction Posted on August 28, 2009 7:30 AM Irish drinks company C&C Group plc agreed Thursday to pay £180 million ($292 million) in cash for a cooler full of assets from Anheuser-Busch InBev NV in the Republic of Ireland, Northern Ireland and Scotland. The deal is a significant advance for C&C, which depends largely on revenues from cider, notably its Magners cider brand. Once the deal closes, C&C will own the well-known Scottish Tennent's beer brand, a brewery in Glasgow, a loan book of £27 million, and distribution rights for certain other brands, including Stella Artois and Beck's. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 397 in-depth reports of M&A deals in the Food sector 68 articles related to C&C Group plc 45 company pages related to Ireland 16 in-depth transaction records for Anheuser-Busch InBev NV 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

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