To supplement its weak business in U.K. markets, Ireland’s C&C will buy Vermont Hard Cider. Sales in the U.K. have slipped due to a peculiarly wet summer, though C&C is taking advantage of the growing market for hard cider in the U.S., where sales rose 16 percent between March and August. C&C has proposed the deal for $305 million.
Full Content: Reuters
Related Content: Britain’s competition watchdog rules that beer ties don’t hurt pub patrons
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