RNS Number : 3923D
C&C Group Plc
15 September 2008
Sale of FindlaterGrants
CCR.I CCR.L
Dublin, London, 15 September, 2008: C&C Group plc ('C&C' or the 'Group'), a manufacturer,
marketer and distributor of branded beverages
in Ireland and the U.K., today announced that it has sold FindlaterGrants, part of the Group's
distribution division, to DCC plc ("DCC") for
a consideration of approximately EUR9.6 million.
FindlaterGrants is one of Ireland's leading wine distributors. Proceeds of the sale will
be used for general corporate purposes.
Maurice Pratt, Chief Executive of C&C, commented: "The Board of C&C is pleased to announce
this transaction with DCC and believes it is
in the best interests of C&C's shareholders the FindlaterGrants employees and the brands it
distributes. "
Investors and analysts Irish Media International Media
Mark Kenny/Jonathan Neilan Paddy Hughes Edward Orlebar or Charlotte
K Capital Source Drury Kirkham
Communications M Communications
Tel: +353 1 631 5500
Email: Tel: +353 1 Tel: +44 207 153 1523 or
c&cgroup@kcapitalsource.com 260 5000 +44 207 153 1531
Email: Email:
phughes@ orlebar@mcomgroup.com
drurycom.com kirkham@mcomgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
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