C&C ‘open’ to acquiring liqueur brands
Any likely move would be for particular brands, rather than company takeovers. Additionally, any acquisition would probably form part of the group’s long-term strategy and not be an immediate priority — although the group has established a strategy group to keep abreast of market opportunities.
C&C’s spirits and liqueurs division — which includes brands such as Carolan’s Irish Cream, Tullamore Dew Irish Whiskey and the Italian liqueur Frangelico — saw operating profit grow 28.9% to €9.8 million for the six months to the end of August and revenue increase nearly 25% to €36.1m.