Buyer found for drinks distributor
By Sarah Wood | 5th April 2018
The company that owns Magners cider is buying part of the UK's biggest alcoholic drinks distributor.
The wholesale division of Conviviality, which collapsed last week, is being bought by C&C in a pre-pack administration, as reported by the BBC.
Conviviality brands including Matthew Clark and Bibendum are included in the deal.
The company announced last week that it planned to appoint administrators, putting 2,600 jobs at risk. The wholesale division employs about 2,000 people. It is not yet clear how many jobs will be saved.
Conviviality brands Bargain Booze and Wine Rack are not included in the deal and remain up for sale.
Conviviality supplies drinks to over 25,000 restaurants hotels and bars, including supplying all the wine and spirits to 900 Wetherspoon pubs.
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