C&C Group has completed on the deal for Gleeson

C&C Group has completed on the deal for Gleeson

C&C Group has completed its EUR12.4m (US$16m) acquisition of the Gleeson Group in Ireland.

The Magners producer said in a statement today (7 March) that the deal for M&J Gleeson and its subsidiaries, first announced in November, has gone through. The Irish Competition Authority waved through the transaction last week.

Gleeson is the largest distributor of packaged long alcoholic drinks (LADs) to Ireland's on-trade. 

It acts as agent for a number of beer, wine and spirits brands and produces Finches soft drinks and Tipperary mineral water.

The company is also a supplier of PET bottles and has 11 distribution depots across Ireland.