Irn-Bru maker shares jump after snapping up soft drinks rivals for £50m Retail The drinks merchant behind Irn-Bru is forecasting a major boost to profit for the latest financial year after the firm stripped back costs and snapped up a pair of its soft drink rivals. AG Barr, which owns brands such as Boost, Funkin Cocktails and Rubicon, told markets it had sealed a near-£38m deal to buy [...]
Irn-Bru maker buys Hal Robson-Kanu’s drinks business Retail The maker of Irn-Bru has acquired The Turmeric Co from its founder, former Wales international Hal Robson-Kanu. AG Barr has taken a majority stake in the London-based business, which was established by the retired football player in 2018, for an undisclosed sum. Robson-Kanu’s company produces turmeric shots which aim to help improve recovery by reusing [...]
Soft drinks sales pop at Irn-bru maker AG Barr and Fevertree Retail AG Barr and Fevertree have both reported a sales boost despite increased competition in the soft drinks market. AG Barr’s share price ticked up a marginal 0.1 per cent in early trades, while Fevertree’s share price rose more than six per cent. AG Barr, which owns brands Irn-bru, Rubicon, Boost and Funkin, told markets this [...]
B&M hires boss of Iron Bru maker as it battles slumping share price December 17, 2024 B&M has hired the chief executive of Iron Bru maker AG Barr as it battles a slump in its share price. Euan Sutherland will become a non-executive director at the Liverpool-headquartered company from 20 January, 2025, subject to shareholder approval. If appointed, Sutherland will also join the remuneration and nomination committees. Sutherland has been chief [...]
AG Barr boosts dividend as Rubicon and Irn Bru sales grow September 24, 2024 Drinks business AG Barr has reported a strong set of half-year results thanks to higher demand for its core soft drinks offering despite weak summer trading conditions and a dip in revenue from its cocktail arm. Barr, which owned the Irn Bru and Rubicon brands, reported a 5.2 per cent increase in revenue to £221.3m [...]
Irn Bru maker AG Barr profit soar thanks to demand for Rubicon drinks and booming porridge market March 26, 2024 Irn Bru maker A.G Barr made a profit during the full year, driven by sales of Rubicon.