The move to acquire the business outright follows C&C Group’s purchase of a 50% stake in the business in March 2013.
Wallaces Express will be branded as Wallaces TCB.
“Since taking a 50% stake in Wallaces Express a year ago, we have worked to provide our customers with a one-stop shop for all their alcoholic and soft drinks needs as part of our strategy of developing a multi-beverage platform in the Scottish drinks market,” said John Gilligan, MD of Tennent Caledonian Breweries. “Our decision to acquire the business outright represents further investment by C&C in Scotland and is the latest stage of our plans to put customers at the heart of our support for the independent on-trade.”
Source: C&C Group
© FoodBev Media Ltd 2024