C&C Group PLC has responded to an open letter from Engine Capital LP, a shareholder in the company. The board of C&C has a history of engaging openly with its shareholders, including regular dialogue with Engine since its investment in the company. The board is currently reviewing the contents of Engine's recent letter and will provide a response in due course.
C&C Group PLC is a leading, vertically integrated premium drinks company that manufactures, markets, and distributes branded beer, cider, wine, spirits, and soft drinks across the UK and Ireland. The company's portfolio includes owned/exclusive brands such as Bulmers, the leading Irish cider brand, and Tennent's, the leading Scottish beer brand. C&C exports its Magners and Tennent's brands to over 40 countries worldwide and has owned brand and contract manufacturing/packing operations in Co. Tipperary, Ireland, and Glasgow, Scotland. Additionally, C&C is the No.1 drinks distributor to the UK and Ireland hospitality sectors, providing a key route-to-market for major international beverage companies.