Shareholders back AG Barr and Britvic merger

Selection of bottles photographed from above Britvic's brands include Tango, Robinsons, Fruit Shoot and J2O

Related Stories

The planned merger of soft drink rivals AG Barr and Britvic has moved a step closer after shareholders in both companies voted to back the move.

It follows an all-share deal reached by the firms in November after extended talks.

The merger will give Britvic shareholders about 63% of the new company and AG Barr shareholders 37%.

The deal is expected to be tied up on 30 January, subject to regulatory approval.

The new combined company will be called Barr Britvic Soft Drinks plc and will have annual sales of more than £1.5bn, making it one of Europe's largest soft drinks companies.

The merger is likely to see about 500 jobs cut from combined headcount of just over 4,000 people.

The head office of Barr Britvic will be in Cumbernauld, North Lanarkshire, which will also be its registered office.

The new group's operational headquarters will be located at Britvic's existing head office in Hertfordshire.

AG Barr's product range includes Irn Bru, Tizer and Rubicon, while Britvic's brands include Tango, Robinsons, J2O and Fruit Shoot. Britvic also sells PepsiCo brands under an exclusive licence.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories


Features & Analysis

Elsewhere on the BBC

  • TravelAround the world

    BBC Travel takes a look at the most striking images from the past seven days


  • A bicycle with a Copenhagen WheelClick Watch

    The wheel giving push bikes an extra boost by turning them into smart electric hybrids

Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.