C&C ‘well-placed’ for acquisition growth despite pressures

Drinks group C&C has said it is well-placed to take advantage of acquisition opportunities despite Brexit concerns and currency headwinds continuing to eat into its balance sheet.

Acquisitions potentially including assets being made available from the sale of international brewing giant SABMiller.

Speaking yesterday, on the back of C&C’s interim results, chief executive Stephen Glancey said that management looks at mergers and acquisitions opportunities all the time, but hasn’t seen anything suitable of late.