Business as Usual

April 12, 2018

London, UK – Last week the acquisition by C&C Group Plc of Matthew Clark, Bibendum and their various trading subsidies was announced.

The businesses want to reiterate their gratitude to their customers, suppliers and employees as they continue to trade and work around the clock to stabilise the business, get service back on track and build a stronger business for the future.

None of the businesses entered administration which allowed 2,000 jobs to be saved across the UK, and the businesses will continue to operate independently with C&C Group support.

Matthew Clark, Bibendum, Walker & Wodehouse, Catalyst PLB, CDC, Peppermint Events and Elastic are committed to improving service and supply levels for their customers and have said that all contracts will be upheld, and all outstanding supplier payments will be made and scheduled retrospective discount payments will also be honoured.

James Lousada, Commercial Director of Matthew Clark and Bibendum said, “We would like to apologise for the impact on our customers and suppliers over these past weeks and to reassure that we are working closely with partners across all categories to bring stock levels and service back to the excellent standards we hold ourselves to.

“We are all incredibly proud of our business, our priority is to get our service back on track as quickly as possible. On behalf of our team across the country, thank you to all of our customers and suppliers for your patience and support.”

Andrea Pozzi, C&C Group COO said, “We are thrilled to have acquired these great businesses, and I would like to assure you that, with the support of C&C Group plc, the teams are working around the clock to not only get our service back on track, but to build a stronger business for the future.”

About C&C Group Plc

About C&C Group Plc C&C Group plc is a premium drinks company which owns, manufactures, markets and distributes branded beer, cider, wine, soft drinks and bottled water. C&C Group brands include: Bulmers the leading Irish cider brand; Tennent’s, the leading Scottish beer brand; Magners the premium international cider brand; Tipperary Water; Finches soft drinks, as well as a range of niche, premium and craft ciders and beers. C&C Group also owns and manufactures Woodchuck, a leading craft cider brand in the United States and manufactures and distributes a number of 3rd party international beer brands in Scotland and Ireland. C&C is also a leading drinks wholesaler in Scotland and Ireland, where it operates under the Tennent's and C&C Gleeson brands respectively. C&C Group is headquartered in Dublin with manufacturing operations in Co.Tipperary, Ireland; Glasgow, Scotland; and Vermont, US. C&C Group plc is listed on the Irish and London Stock Exchanges.

For media enquiries, please email conviviality@clarioncomms.co.uk

Date:
12th April 2018


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