UK soft drinks manufacturer AG Barr is seeing markets return to normal: and expects to see full year profit performance come in slightly ahead of 2019/20 pre-COVID levels.
Irn-Bru maker AG Barr has appointed Stuart Lorimer as finance director and he will join the soft drinks firm following a handover period at current employer Diageo.
Soft drinks firm AG Barr is benefiting from Coca-Cola Enterprises’ (CCE’s) struggling performance, according to Shore Capital analyst Phil Carroll, commenting on the former’s first financial quarter (Q1).
Britvic's decision to reject a revised merger offer by AG Barr is a 'missed opportunity' according to one City analyst, who nonetheless describes the move as an opportunistic gambit by an ambitious AG Barr management team.
UK SOFT DRINKS GIANT TO THRASH OUT BETTER TERMS IN AG BARR MERGER?
Despite provisional Competition Commission (CC) clearance for the AG Barr/Britvic merger, City analysts believe Britvic will ‘seek improved terms’ in light of its better recent performance.
As fears in Scotland persist over possible job losses if the AG Barr/Britvic merger goes through, the Office of Fair Trading (OFT) tells BeverageDaily.com that its delay in publishing a decision is not that unusual.
AG Barr and Britvic have confirmed that they are extending the offer deadline regarding their potential merger to October 3, as reports suggest deadlock in talks to agree a new group name.
Japanese Pepsi bottler Suntory could enter the fray with a rival bid for Britvic, according to one City analyst, but he added that this was unlikely due to the firm’s debt levels and low free cash flow yield.
Britvic and PepsiCo licensee AG Barr are locked in discussions over a merger, and with the latter's CEO Roger White earmarked for the top job, one M&A expert told BeverageDaily.com that Britvic CEO Paul Moody 'appears to be the casualty'.
Two major UK-based soft drink manufacturers have stepped up their operations in fruit Juice production amidst growing national and European demand for the products’ perceived nutritional benefits.
Soft drink maker AG Barr is to expand into the burgeoning market
for functional beverages and waters with the acquisition of the
Vitsmart and Vitaminsmart labels from Chartered Brands.
