C&C Group Acquires a 50% Equity Stake in Wallaces Express

          C&C Group Acquires a 50% Equity Stake in Wallaces Express

  PR Newswire

  GLASGOW, Scotland, March 22, 2013

GLASGOW, Scotland, March 22, 2013 /PRNewswire/ --

C&C Group plc has acquired a 50% equity stake in Wallaces of Ayr Limited
(trading as Wallaces Express), Scotland's largest independent wines and
spirits wholesaler, in a move designed to offer enhanced service and increased
value for the on-trade across Scotland.

 (Photo: http://photos.prnewswire.com/prnh/20130322/604939-a ) 
(Photo: http://photos.prnewswire.com/prnh/20130322/604939-b )



Wallaces Express will continue to be run independently and will work alongside
C&C Group to deliver an outstanding full portfolio offering to the Scottish
on-trade and continue to support their customers at these challenging times.

Kenny Neison, Group Chief Financial Officer of C&C Group, said:

"Today's announcement is consistent with our ambition of developing a
multi-beverage platform in the Scottish drinks market. We have a great
relationship with the team at Wallaces Express and we are proud to partner
with them. Whilst Wallaces Express will be run independently from our beer
business, we will seek opportunities to take advantage of cross-selling for
customers, particularly in wines and spirits. This partnership between two
great drinks businesses will provide our customers with a one stop shop for
all their alcoholic and soft drinks needs."

Brian Calder, Managing Director of Wallaces Express, said:

"This is a major development for Wallaces Express and represents a great
opportunity for all our staff and customers. In terms of strategic aims and
culture, the two businesses are well aligned and I am confident that both
businesses will continue to move forward to the benefit of the Scottish
licensed trade."

Notes to Editors:

About C&C Group plc

C&C Group plc is a manufacturer, marketer and distributor of branded cider and
beer. The Group manufactures Bulmers, the leading Irish cider brand, Magners,
the premium international cider brand, the Gaymer Cider Company range of
branded and private label ciders and the Tennent's beer brand. C&C Group also
owns Woodchuck and Hornsby's, two of the leading craft cider brands in the
United States. The Group also distributes a number of beer brands in the
Scottish, Irish and Northern Irish markets, primarily for Anheuser-Busch
InBev. http://www.candcgroupplc.com

About Wallaces Express

Wallaces Express is Scotland's largest independent wines and spirits
wholesaler supplying the licensed trade throughout much of central and south
west Scotland, the Borders and Cumbria, as well as the Inverness and the
Aberdeen areas. Employing 295 staff, the business was established in Ayr in
1875 as a retailer. Wallaces Express then evolved in the mid 1980s into a
drinks wholesaler. Wallaces Express is a complete supplier to the licensed
on-trade, including wines and spirits, soft drinks, packaged, draught beer,
glassware and snacks. It has six distribution depots (Irvine, Coatbridge,
Dumfries, Lanark, Kintore and Inverness). It's stated aim is "to provide the
service levels you would expect from a small local business at prices equal to
or better than those of larger national suppliers."
http://www.wallaceexpress.com

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