Conviviality Plc has appointed PricewaterhouseCoopers LLP as administrators to the business.
The company has appointed Matthew Callaghan, Ian Green and David Baxendale of PricewaterhouseCoopers LLP as joint administrators.
Companies now in administration are Conviviality Plc and Conviviality Brands Limited. No other companies in the group have had administrators appointed and such other companies continue to trade.
Conviviality said in a statement that it “continues to engage with parties interested in its retail business”, which trades under the names of Bargain Booze, Bargain Booze Select Convenience, Wine Rack and Central Convenience.
PwC will provide further updates in due course.
On Wednesday, Dublin-based C&C Group, which owns the Magners and Tennent’s brands among others, completed the acquisition of Conviviality’s Matthew Clark and Bibendum on-trade distribution operations, and now owns 100% of the share capital of Matthew Clark Bibendum.
Conviviality Plc shares remain suspended pending further notice.