C&C Group Dividend Coverage

What does C&C Group do? C&C Group PLC is an Irish company that produces and distributes various alcoholic beverages. The company's history dates back to 1852 when William Magner founded an apple cider factory in Clonmel, Ireland. Over the years, the company has grown and become one of the largest beverage manufacturers in Europe. The business model of C&C Group is to produce and distribute high-quality beverages. In addition to cider, the product portfolio also includes beer, vodka, and wine. The company operates mainly in Ireland and the United Kingdom but also exports its products to other parts of Europe and the USA. One of C&C Group's most famous brands is Bulmers, an apple cider that is among the most consumed ciders in Ireland and the UK. The company also produces other cider brands such as Magners, Tenants, and Gaymers. Furthermore, C&C Group has a strong presence in the beer market. The Tennent's brand is particularly well-known in Scotland and is one of the country's most popular beer brands. The company also produces other beers such as Menabrea and Heverlee. In 2017, the company also entered the vodka market. The Pablosky Vodka brand was developed in collaboration with a Polish manufacturer and is mainly available in Ireland. An important aspect of C&C Group's business is wholesale. The company operates a network of distribution partners who deliver C&C Group's products to retailers and pubs in various countries. The company also utilizes digital platforms like its own online shop website to directly reach consumers. C&C Group is also a significant employer in the Cork region, where the company is headquartered. Employees work in various areas of the company, including production, sales, marketing, and administration. In recent years, the company has also invested in acquisitions to expand its product portfolio. In 2018, the Scottish beverage company Matthew Clark & Bibendum was acquired to strengthen the business in the UK. Later that year, a stake in the Languedoc brand was also acquired to increase presence in France. Overall, C&C Group is a leading beverage manufacturer with a long history and strong presence in various markets. The company is known for its high-quality products and strong commitment to customer satisfaction and employee retention. C&C Group is one of the most popular companies on Eulerpool.