Britvic plc
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| Public | |
| Traded as | : OTCQX: |
| Industry | Soft drinks |
| Founded | 1845 |
| Headquarters | Hemel Hempstead, Herts, UK |
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Key people
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Gerald Corbett, Chairman Simon Litherland, Chief Executive |
| Products | Britvic 55 Robinsons Tango J2O UK and Ireland licensee of PepsiCo products |
| Revenue | £1,431.3 million (2016) |
| £178.7 million (2016) | |
| £114.5 million (2016) | |
| Website | www |
Britvic plc (: ) is a British producer of soft drinks based in Hemel Hempstead. It is listed on the and is a constituent of the FTSE 250 Index. It produces soft drinks under its own name and holds the licence to sell others such as Pepsi in the UK.
The company was founded in the mid-nineteenth century in Chelmsford as the British Vitamin Products Company. It started producing fruit juices in 1938 and started marketing them under the Britvic name in 1949. Acquired by Showerings of Shepton Mallet, and subsequently a division of Allied Breweries from 1968, the company changed its name to Britvic in 1971. In 1986 it merged with Canada Dry Rawlings and acquired the R. White's Lemonade brand. It acquired Tango and the Corona brand from Beechams in 1987 and since that year it has also owned the UK franchise for Pepsi and 7 Up. In 1995 it bought Robinson's from Reckitt & Colman.
In December 2005 the Company underwent an initial public offering (IPO) allowing its main shareholders (InterContinental Hotels Group, Whitbread, Pernod Ricard) to realise their investments. In May 2007 the Company went on to buy the soft drinks and distribution businesses of Ireland's Cantrell & Cochrane (C&C) for £169.5m.
On 14 November 2012 the company announced plans to merge with Scotland's soft drink's producer A.G. Barr, whose brands include Irn Bru, Tizer and D'n'B, which would have created one of Europe's largest soft drinks companies. The merger was put into serious doubt after the Office of Fair Trading referred the merger to the Competition Commission. On 11 July 2013, AG Barr Chairman Ronnie Hanna announced that the proposed merger of Britvic and AG Barr had been abandoned.
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Wikipedia