C&C buys Innis & Gunn beer brand for £4.5m

Core Viewpoint - C&C Group has acquired the Innis & Gunn beer brand for £4.5 million, enhancing its branded portfolio with a premium brand [1] Group 1: Acquisition Details - The acquisition price for Innis & Gunn is £4.5 million [1] - C&C has been a minority shareholder and brewing partner for Innis & Gunn for several years [1] - The deal is funded from existing C&C facilities [3] Group 2: Integration and Operational Impact - The integration of Innis & Gunn is expected to have very low execution risk, with a rapid operational transition anticipated [2] - Minimal disruption to the business is expected during the integration process [2] - C&C's existing brewing and route-to-market platform will support effective and quick integration of the brand [5] Group 3: Strategic Importance - The acquisition reinforces C&C's belief in the value of strong brands and the importance of an integrated manufacturing supply, marketing, and sales business model [3] - The deal is expected to make a small positive contribution to C&C's overall financial performance in FY27 [3] - C&C's CEO highlighted the opportunity to save a well-loved brand that the company already brews most of the product for [4]