C&C acquires a 50% stake in Wallaces Express
The C&C Group has acquired a 50% stake in Scotland’s Wallaces Express, the Scots-based wines & spirits wholesaler in a move designed to enhance C&C’s distribution platform to the on-trade across Scotland.
28 March 2013
Wallaces Express supplies pubs and restaurants with wines, spirits, soft drinks, draught beer, glassware and snacks.
The 138 year-old company, which claims to be Scotland’s largest wholesaler, employs nearly 300 staff and will provide C&C with a multi-beverage platform for distributing its products throughout Scotland.
Although Wallaces Express will continue to be run independently, it will work alongside the C&C Group to deliver a full portfolio offering to the Scottish on-trade and continue to support their customers.
No price for the deal was disclosed but the distribution company will be run independently from C&C’s beer business although C&C will “seek opportunities to take advantage of cross-selling for customers, particularly in wines & spirits”.
Wallaces Express has depots in Irvine, Coatbridge, Dunfries, Lanark, Kintore and Inverness.
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