Drinks group C&C is in talks to sell its wine distribution business Findlater Grants.
Industry sources have speculated that a management buyout of the business is one possibility, but a straight trade sale could not be ruled out either.
A spokesman for C&C declined to comment. It is understood that DCC considered making a bid for the firm but decided not to proceed.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team