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Conviviality sale: Bibendum, Matthew Clark deal complete, says Magners owner
Apr 4, 2018
(Decanter) - C&C Group has further announced that it has completed a deal to take on the Matthew Clark and Bibendum wine, beer and spirits supply businesses, with support from the world's largest brewer, AB InBev. The deal was 'in accordance with the terms [previously] set out,' C&C said.
Magners cider owner C&C Group announced this morning (4 April) that it was in ‘advanced discussions’ with crisis-hit Conviviality to take on the Matthew Clark and Bibendum wine, beer and spirits supply businesses, with support from the world’s largest brewer, AB InBev.
A deal was subsequently completed, said C&C in a later announcement the same day, adding that it ‘now owns 100% of the issued share capital of Matthew Clark Bibendum’. No further information was immediately available.
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