Bulmers Maker C&C to Acquire Asahi's UK Wholesale Business
UKPulse Money Desk
C&C, the company behind Bulmers, plans to purchase Asahi's UK wholesale business, a move intended to increase its sales.
- C&C is set to acquire Asahi's UK wholesale business.
- The acquisition is aimed at boosting C&C's sales.
- C&C shares increased by 7.85% to 96.20p on Friday morning.
C&C, the maker of Bulmers, is to acquire Asahi's UK wholesale business. This strategic move is intended to boost C&C's sales.
Following the announcement, C&C shares saw an increase of 7.85%, rising by 7.00p to 96.20p on Friday morning. This gain follows a period where the company's shares had fallen by over 40% in the past year.