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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...

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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...