C&C takes over Scottish drinks firm

Irish drinks group C&C has further strengthened its presence in Scotland by acquiring outright ownership of the country’s largest wine and spirits wholesaler.

The move to buy out the remaining 50% of Irvine-based Wallaces Express builds upon C&C’s strategy of developing a multi-beverage platform in the Scottish drinks market.

The move also follows on from the group buying a 50% holding in Wallaces Express — which will now be rebranded Wallaces TCB — 12 months ago, for an undisclosed sum.