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Matthew Clark and Bibendum buyout pushed through

Magners owner C&C Group announced at 3.15pm this afternoon (April 4) that the acquisition has now been green-lit in accordance with the terms set out in the initial statement released this morning.

C&C, which distributes a number of branded beer, cider, wine, and soft drinks brands bought 100% of the issued share capital of ‘Matthew Clark Bibendum’ of which it now fully owns, for a nominal sum. 

However, C&C have agreed to pay £102m to Conviviality’s lenders over the next year. 

• Bibendum
• Matthew Clark
• clark
• partnership
• matthew
• buyout
• completed
• proposed