Ireland-based drinks manufacturer C&C Group is planning to increase craft beer production by investing in a new brewery.

The investment will be made over the next three to four months, according to Irish Examiner.

Earlier this year, C&C’s CEO Stephen Glancey also revealed plans to invest up to €2m at its site in Clonmel to increase cider production.

The company is also planning to move the majority of its stock the UK market to minimise transport worries in case of a hard Brexit.

“If there is a hard Brexit, we would pre-manufacture in the Irish Republic, so we’ve got liquid stock that would see us through two years.”

According to Reuters, the company is holding talks with various European craft beer and cider manufacturers to produce their products at its facility in Britain post-Brexit.

Glancey told Reuters that Brexit has provided some new opportunities for the company.

He said: “If there is a hard Brexit, we would pre-manufacture in the Irish Republic, so we’ve got liquid stock that would see us through two years.

“We’d package that and get it over to the UK so that we can keep Magners flowing through Cheltenham horse festival and right through the summer, so there is no immediate risk there.”

In the next six months, C&C is planning to package wines from Europe to markets in South America, South Africa and Australia.