Investment
Features
FeesSafety
Academy
More
Pluang+

C&C Group acquires Asahi UK's wholesale businesses, expanding Matthew Clark Bibendum's reach.

Company Fundamentals
11 Sep 2026
Proactive Investors
View Source
Bullish
C&C Group acquires Asahi UK's wholesale businesses, expanding Matthew Clark Bibendum's reach.

C&C Group PLC has agreed to acquire Asahi UK's wholesale businesses, including Nectar Imports and Asahi UK's direct distribution operations, for a nominal fee. This acquisition will expand C&C's Matthew Clark Bibendum operation by adding a significant new customer base and integrating supply arrangements for the Fuller, Smith & Turner pub estate. The deal includes customer and supplier relationships, intellectual property, a leased depot, vehicles, and stock. C&C expects the transaction to complete by early October and forecasts a small positive contribution to Matthew Clark Bibendum's performance for the year ending February 2027. Separately, C&C reported stable trading for the six months to August 31, with a slight decline in group net revenue but growth in branded revenue driven by key brands like Tennent’s, Bulmers, and Innis & Gunn.

More News

Blade Resources lists on CSE; Prismo Metals holds 24% stake and expects Hot Breccia drilling soon

Blade Resources lists on CSE; Prismo Metals holds 24% stake and expects Hot Breccia drilling soon

Blade Resources has been approved to list its shares on the Canadian Securities Exchange, with trading starting around September 14, 2026. Prismo Metals owns 6,755,000 shares, representing about 24% of Blade, following a transaction involving the Hot...

Company Fundamentals
Bullish
4 hours ago
Bitcoin could hit $400,000 by 2030, says Coinbase CEO, citing market cycles and upcoming catalysts.

Bitcoin could hit $400,000 by 2030, says Coinbase CEO, citing market cycles and upcoming catalysts.

Coinbase CEO Brian Armstrong predicts Bitcoin may reach $400,000 by 2030, a 420% increase from current levels, based on its four-year cycle pattern and recent market bottom. Key upcoming events like the CLARITY Act vote and the next Bitcoin halving s...

Market News
Bullish
4 hours ago
Ripple enhances its $1B treasury platform with AI agents for smarter, human-approved financial management.

Ripple enhances its $1B treasury platform with AI agents for smarter, human-approved financial management.

Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...

Protocol Fundamentals
Bullish
4 hours ago
Gemfields' emerald auction nets $29.6M with record price per carat and full sell-through.

Gemfields' emerald auction nets $29.6M with record price per carat and full sell-through.

Gemfields Group Limited held a commercial-quality emerald auction from August 24 to September 10, 2026, generating $29.6 million in sales. The auction achieved a record average price of $9.72 per carat, up from $7.46 in the previous sale, despite sel...

Market News
Bullish
4 hours ago
Pan African Resources plans to nearly double gold output at Mogale with Soweto tailings project.

Pan African Resources plans to nearly double gold output at Mogale with Soweto tailings project.

Pan African Resources has completed a feasibility study for its Soweto Tailings Retreatment project in South Africa, aiming to increase annual gold production at its Mogale complex to around 100,000 ounces. The project involves retreating tailings wi...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App