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C&C Completes Investment In Admiral Taverns Pub Chain

Published on Dec 7 2017 12:08 PM in Pub/Bar/Nightclub tagged: Trending Posts / C&C Group / Bulmers / Admiral Taverns

C&C Completes Investment In Admiral Taverns Pub Chain

Bulmers cider maker C&C Group has announced that it has completed its investment in British pub chain Admiral Taverns.

The news follows September's announcement that C&C had agreed to the purchase of 47% of the Admiral Taverns business.

According to The Irish Times, representatives for Admiral Taverns confirmed today (7 December) that the company has completed on the acquisition of a portfolio of 17 pubs in England and Wales from Heineken's Star Pubs and Bar Business.

Additionally, C&C issued a statement on the Irish and London stock exchanges saying, "all conditions of its investment in Admiral have now been satisfied and the transaction has completed."

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