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21/03/2014

Today’s member wholesaler Wallaces Express, bought by drinks firm C&C Group

Today’s Group member wholesaler, Wallaces Express has been bought out by C&C Group, the company behind Tennent’s lager and Magners cider.

Wallaces Express is Scotland’s largest independent wines and spirits wholesaler employing 296 people and will be branded Wallaces TCB.

WallacesC&C Group initially bought half the wholesaler in March 2013 in a move which it said was in line with its plan to build a “multi-beverage platform” in the Scottish drinks market.

John Gilligan, managing director of Tennent Caledonian Breweries, which is part of C&C Group, said: “Since taking a 50% stake in Wallaces Express a year ago, we have worked to provide our customers with a one stop shop for all their alcoholic and soft drinks.”

He added: “Our decision to acquire the business outright represents further investment by C&C in Scotland and is the latest stage of our plans to put customers at the heart of our support for the independent on-trade.

“We plan to grow the business further, finding more opportunities for cross-selling to our customers, particularly in wines and spirits and soft drinks.”

Wallaces was established in Ayr in 1875 before evolving into a drinks wholesaler in the 1980s.

It operates distribution depots in Irvine, Coatbridge, Dumfries, Lanark, Kintore and Inverness

Image source: Scottish Licensed Trade News 

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