UK: Britvic Ireland agrees Quinn's acquisition
Britvic will purchase Quinn's from C&C Group-owned Tennents for an undisclosed sum
Britvic Ireland is to purchase Co Tyrone-based drinks wholesaler Quinn's from Tennents Northern Ireland.
The soft drinks firm will purchase Quinn's from C&C Group-owned Tennents for an undisclosed sum, it said on Friday (13 May). The acquisition will complement its existing licensed wholesale business, Britvic said.
Quinn's provides drink wholesale and distribution services to around 800 outlets across Northern Ireland. Last year, the company recorded sales of GBP18m (US$29m).
"Complementing Britvic's existing wholesale business, Quinn's Northern Ireland portfolio includes several brands that will help position Britvic as a supplier of choice for many outlets," said Britvic Ireland's managing director, Andrew Richards. "It will also enhance Britvic's competitive position increasing its on-trade access in Northern Ireland from 140 to over 800 outlets."
Britvic added that the acquisition will extend its reach, client mix and the range of brands that it carries.
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