Britvic acquires C&C Irish soft drinks operations

Britvic has snapped up the soft drinks and distribution business of C&C Group in the Republic of Ireland and Northern Ireland.

The UK-based soft drinks company confirmed that it has bought
the unit from the Irish firm for a cash consideration of EUR249.2m. Among the
brands sold in the deal are Ballygowan water, Cidona, MiWadi, and Energise
Sport. Britvic also takes control of the rights to Pepsi and 7Up brands in the
countries. The deal is expected to be completed by the end of August.