Tuesday 29 September at 5pm
C C Group has acquired America s number two domestic cider brand, Hornsby s, in a deal worth up to 20m ( 17m). The Magners owner takes over the brand from E J Gallo for an upfront payment of 16.4m, with an additional 3.6m payable subject to ...
John Dunsmore will step down as chief executive of C C Group at the end of the year. He will be succeeded at the helm of the Magners maker by Stephen Glancey, currently chief operating officer and finance director.
C C Group reported a bumper rise in full-year profits following strong growth from its Magners cider brand. Operating profits for the year to 28 February were up 17% to 105m ( 92.5m) following 3.6% volume growth for Magners in Britain and 33.8% export growth.
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