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Related Company: VCC, Woodchuck and Green Mountain Beverage Returned to Local Ownership as Cider Category Grows Vermont Business Magazine Northeast Drinks Group LLC a privately owned holding company, today announces that it has closed on the transaction to purchase the Vermont Hard Cider Company, LLC, from C&C Group plc. Vermont Hard Cider Company is famous for its Woodchuck brand. C&C announced in mid-March that it sold the Middlebury plant and Woodchuck cider for $20 million to Northeast Drinks. The purchase of VCC from C&C Group plc includes NDG acquiring Woodchuck, the iconic hard cider, which celebrates its 30 th anniversary this year, along with the rest of the portfolio of award-winning brands. Woodchuck is set to re-introduce several limited-edition ciders in the coming months, paying homage to the brand’s popular variants over the years. NDG is very optimistic about the health of both the segment and VCC’s portfolio of brands as the company moves int ....
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Related Company: $285 million less than it acquired it for in 2012 by Timothy McQuiston, Vermont Business Magazine C&C Group, based in Dublin, Ireland, announced Tuesday that is selling Middlebury-based Vermont Hard Cider Co for $20 million, or $285 million less than it bought it for in 2012, to Northeast Kingdom Drink Group. Northeast Kingdom Drink Group is referred to as Northeast Drinks Group LLC in a press release announcing the deal. Northeast Drinks Group is a privately owned holding company. It said it has entered into a definitive agreement to purchase the Vermont Hard Cider Company, LLC, including its pioneering cider brands and state-of-the-art production facility in Middlebury. ....