The Blaenau Gwent plant closure plan was announced earlier this year with the loss of 67 jobs. The company is switching its carton packaging operation to its plant in Milton Keynes. It also faces an impairment charge of 1.4m in relation ...
Tags: AG Barr, Carton Plant Closure, Packaging
Britvic was hit by 9.6M in costs through its abortive merger with AG Barr, but has shrugged this off with strong annual results and is targeting greater efficiencies and cost savings. Britvic's Fruit Shoot has recovered its market share ...
Tags: Britvic, streamline, production, supply, fizz, return
Mergers and acquisitions in the UK food and drink industry hit a 10-year low at just 73 deals in the first half of this year, revealed figures from information services company Experian. Could AG Barr's acquisition of GSK's Lucozade and ...
Tags: Agriculture, Food
Irn Bru maker AG Barr is remaining tight-lipped about press reports that it is preparing a £1bn bid for Glaxo Smith Kline’s iconic drink brands Ribena and Lucozade, in the wake of its failed merger bid with Britvic. He ...
Tags: Glaxo Smith Kline, Failed merger deal, AG Barr, Ribena, Lucozade
Soft drinks firm Britvic has signalled its willingness to either renegotiate the terms of its merger with business rival AG Barr or abandon the deal, after the Competition Commission issued a final approval today (July 9) Britvic is ...
Tags: Agriculture, Food, Soft drink
The proposed merger of UK-based soft drink giants AG Barr and Britvic has received provisional clearance from the Competition Commission (CC) of the UK. The commission reviewed the context of the potential transaction and said that the ...
Tags: soft drink, Food
Britvic's announcement last month that it planned to cut its operational costs by £30M by closing factories at Chelmsford, Huddersfield and a warehouse in Belfast may have been well received by City analysts, but came as a "bitter ...
Tags: Britvic, Job losses, Agriculture&Food
Irn-Bru manufacturer AG Barr is still committed to a merger with Britvic, according to its latest financial statement covering the 15 weeks from January 27 to May 12. AG Barr 'outperformed a sluggish market' said Panmure Gordon The ...
Soft drinks firm Britvic is to close two factories and a warehouse, placing up to 400 jobs in jeopardy, in a bid to slash costs by £30M by 2016. Britvic's plans to cut 400 jobs with the closure of two factories and a warehouse are ...
Tags: Soft drinks, Food
The food industry’s biggest ever takeover was announced over the past month with the sale of Heinz to a consortium led by the sage of Omaha, Warren Buffett, and Brazilian private equity specialist Jorge Lemann’s 3G Capital group ...
Britvic’s merger with AG Barr has been delayed by the Office of Fair Trading (OFT), which extended its timetable for a decision today (January 14). Britvic makes Tango, Robinsons, J2O and Fruit Shoot After shareholders voted to ...
Rival soft drinks firms Britvic and AG Barr have finally agreed a merger to create a £1.5bn business,which will trade under the name Barr Britvic Soft Drinks. The new firm will be led by ceo Roger White,formerly the ceo of AG ...
Tags: soft drinks, merger, AG Barr, Britvic
AG Barr is to move into a new £41m Milton Keynes manufacturing and logistics site next year The project will create 100 jobs in the area and will be completed in February, with the site fully operation in the summer of 2013. A ...
Soft drinks firm Britvic has reported a near 20%fall in profits,after an Essex boy choked on a newly designed lid of a Fruit Shoot bottle,forcing a£17M product recall. The firm reported profits of£84.4M for the year to ...
Tags: soft drinks, Britvic, recall, profits