play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
volume_up
chevron_left
  • cover play_arrow

    Rother Radio (128k) Love Local, Love Music!

  • cover play_arrow

    Rother Radio (64K) Love Local, Love Music!

  • cover play_arrow

    Hit Music Radio (128K) More Music Variety!

  • cover play_arrow

    Hit Music Radio (64K) The Best Variety of Hits!

Business News

Pubs industry veteran Findlay to chair Magners owner C&C Group

today15/09/2021

Background
share close

One of the most prominent figures in the British pubs industry is to take the helm at C&C Group, the drinks producer behind brands including Magners and Bulmers.

Sky News has learnt that Ralph Findlay will replace Stewart Gilliland, C&C’s current chairman, after the company’s annual meeting next year.

The appointment is expected to be announced in the coming weeks.

Mr Findlay will step down later this month as chief executive of Marston’s after two decades in charge.

Ralph Findlay spoke about the potential loss of staff at Marstons
Image: Ralph Findlay is currently chief executive of Marston’s but is due to step down shortly

During the latter part of his tenure, he saw off an unsolicited takeover approach from Platinum Equity, a buyout firm, and has steered it through the turmoil of the coronavirus pandemic.

At C&C, Mr Findlay will join a company which has also been forced to contend with the impact of COVID-19.

Earlier this year, it raised £150m from a rights issue, one of many launched by businesses in the consumer goods and hospitality sectors.

More from Business

The Irish-based but London-listed company also swung to an operating loss last year after seeing sales slump because of the closure of many of the venues it supplies.

It also owns Tennent’s as well as local brands like Addlestones, Blackthorn cider and Caledonia Best.

C&C and Marstons both declined to comment.

 Sky News

© Sky News 2021

Written by: Rother Radio News


Previous post

World News

2015 Paris attacks suspect: Deaths of 130 people were ‘nothing personal’

Paris attacks suspect Salah Abdeslam has told a French court that the deaths of 130 people were "nothing personal".Nine Islamic State gunmen and suicide bombers struck various locations in the French capital on 13 November, 2015.The 31-year-old Abdeslam, who was arrested months after the attacks, said the killings were a response to French airstrikes in Syria and Iraq. Image: Salah Abdeslam "We fought France, we attacked France, we targeted the […]

today15/09/2021