C&C Group Announces Strategic Collaboration with Mahou India

Partnership with Mahou India, 100% subsidiary of Spanish brewing
major Mahou San Miguel, drives international expansion in India

DUBLIN & NEW DELHI–(BUSINESS WIRE)–

C&C Group continues to ramp up its international expansion in
Asia-Pacific with the announcement of its third strategic partnership in
the recent months. C&C Group is proud to confirm the signing of a new
partnership with Mahou India, 100% subsidiary of Spanish brewing major
Mahou San Miguel, for several Tennent’s products in India.  

C&C Group and Spanish-headquartered Mahou San Miguel have reached
agreement to brew several Tennent’s products under licence in India.
India is a rapidly growing beer market with strong fundamentals for
accelerated growth in the short term. Initially Tennent’s & Mahou India
will launch Tennent’s Whisky Oak Aged Beer and Tennent’s IPA, the first
authentic Indian Pale Ale, to be brewed in India.

Mahou India is the first international subsidiary of Mahou San Miguel, a
Spanish-owned family company and market leader in Spain with a
production share of 35.5%. Is based in Gurgaon (Haryana) and has a
production centre located in Bhiwadi (Rajhastan).

Joris Brams, Managing Director of C&C Group’s International Division,
said:
“We are delighted to be working in partnership with Mahou
India, strengthening our position in the Indian market.  The deal
strengthens Tennent’s presence in India, and we hope it allows for
participation in the spectacular growth and premiumisation of the Indian
Beer Market.”

Erik D’Auchamp, Chief Executive Officer of Mahou India, said: “This
alliance is one step further in our long-term vocation in the region and
an exciting opportunity to continue exploring with C&C Group new ways to
satisfy the needs of the Indian market, innovating and contributing new
value to a consumer who appreciates more and more the taste of a full
flavoured beer”.

-ENDS-

About C&C Group plc

C&C Group manufactures Bulmers the leading Irish cider brand, Magners
the premium international cider brand, the C&C Brands range of English
ciders and the Tennent’s beer brand. C&C Group also owns and
manufactures Woodchuck and Hornsby’s, two of the leading craft cider
brands in the United States.

C&C Group also distributes a number of beer brands in Scotland, Ireland
and Northern Ireland, primarily for Anheuser-Busch InBev, and owns
Wallaces Express, a Scottish drinks wholesaler.

The Group’s Irish wholesaling subsidiary, Gleeson group, owns and
manufactures Tipperary Water and Finches soft drinks. C&C Group is also
the exclusive distribution partner of Pabst Brewing Company, the largest
independently owned brewing company in the US, for the UK and Ireland.

C&C Group is headquartered in Dublin and its manufacturing operations
are based in Co. Tipperary, Ireland; Glasgow, Scotland; Somerset,
England; and Vermont, USA. C&C Group plc is listed on the Irish and
London Stock Exchanges.

About Mahou India

Mahou India is a 100% subsidiary of Spanish brewing major, Mahou San
Miguel, a Spanish-owned family company and market leader in Spain with a
production share of 35.5%.  The firm’s history dates back 125 years,
beginning with the birth of Mahou in 1890. India is the first country
for Mahou San Miguel where it has a fully owned subsidiary outside of
Spain. The company has its brewery located in Bhiwadi, Rajasthan and it
is one of eight breweries it operates in, seven of which are in Spain.
Mahou India is headquartered in Gurgaon, Haryana.

Mahou San Miguel entered the Indian market in August 2012, through a
joint venture agreement by acquiring a 50 per cent stake of Arian
Breweries & Distilleries Pvt. Ltd. In 2014, taking a leap in the
internationalization strategy, the firm acquired 100% of the business,
thereby establishing the first international subsidiary of Mahou San
Miguel, today known as Mahou India. Internationalisation is one of Mahou
San Miguel´s strategic cornerstones for the development of its business.
The firm produces more than 75% of Spanish beer consumed worldwide, and
has a presence in over 60 countries with a global workforce of over 2800.

Mahou India´s portfolio includes three products – Mahou 5 Star and Dare
Devil, currently present in 12 states, and Mahou Clásica, available in 6
states. In 2016, Mahou Clásica won the Ambrosia – IndSpirit Award for
Product of the Year in the mild beer category.

Contacts

C&C Group, Media Contact
Jennifer Peters
FTI Consulting
+353
(0) 1 663 3684
jennifer.peters@fticonsulting.com
or
Mahou
India, Media Contact
Ramita Chaudhuri
9811891045
ramita.chaudhuri@mahouindia.com