Misplaced Pages

A.G. Barr

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from Barr's) British soft drink producer This article is about the soft drink manufacturer. For the United States Attorney General (AG) Barr, see William Barr.

A.G. Barr p.l.c.
Head offices at Mollinsburn
Company typePublic
Traded asLSE: BAG
FTSE 250 Component
Industry
Founded1875; 149 years ago (1875)
FounderRobert Barr
HeadquartersCumbernauld, Scotland
Area servedWorldwide
Key people
  • Mark Allen (chairman)
  • Euan Sutherland (Chief Executive)
Brands
RevenueIncrease £317.6 million (2023)
Operating incomeIncrease £45.3 million (2023)
Net incomeIncrease £33.9 million (2023)
Number of employees937 (2023)
Websiteagbarr.co.uk

A.G. Barr p.l.c, commonly known as Barr's, is a Scottish soft drink and energy drink manufacturer based in Cumbernauld, North Lanarkshire, Scotland widely known for manufacturing the drink Irn-Bru. It is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 250 Index.

History

A sculpture of Robert Barr is erected in Camelon, near Falkirk.

The company was founded in 1875 by Robert Barr in Falkirk. In 1887, his son, Robert Fulton Barr, set up a division of the original company in Glasgow, which had a much larger population. In 1892 the Glasgow branch passed to Andrew Greig Barr (where the name A.G. Barr comes from), a brother of the branch's founder. In 1899, they soft launched Irn-Bru, eventually launching it in 1901. The Falkirk and Glasgow divisions merged in 1959, and the company was listed on the London Stock Exchange in 1965.

In 1972, A.G. Barr acquired the Tizer brand. In 2001 the company acquired Findlays Mineral Water which is sourced in the Lammermuir Hills. In 2002, Roger White joined A.G. Barr as managing director, and in 2004 became the first chief executive from outside the Barr family.

The company acquired Forfar-based Strathmore Mineral Water in May 2006. The Irn-Bru 32 energy drink variant was launched in 2006. In 2008, the company purchased the Taut sports drink range, and exotic fruit drink company Rubicon.

In November 2012, the company agreed to merge with Britvic, which produces drinks like J2O, Tango and Robinsons, as well as holding the authority to produce Pepsi for the UK market, to create one of Europe's largest soft drinks companies. The merger was abandoned in July 2013.

The company acquired a cocktail mixer business, Funkin, in February 2015.

In December 2022, the company acquired Boost Drinks for £20 million from founders Simon and Alison Gray. The company also took full control of Moma Foods at that time.

In October 2023, it was announced A.G. Barr had acquired the Rio Tropical Limited soft drinks brand from the independent brewer and pub company, Hall and Woodhouse Limited, for £12.3 million.

Legal disputes

Barr brand bubblegum-flavoured soft drink

On 14 July 1961, the Coca-Cola Company asked Lord Walker for an interim interdict about the type of bottle used by A.G. Barr's "Kolabar", "Cydrap" and "Stilkrush" in the Court of Session. Coca-Cola's argument was that "real danger that the bottle used by for containing Kolabar will be mistaken by the public for .", while A.G. Barr's argument was "the position of Coca-Cola in the soft drinks industry in Scotland is insignificant in comparison with that of ". Lord Walker refused the interim interdict, as a large part of their business could've been disturbed, additionally because Coca-Cola made no sales in the country at that point.

Operations

A.G. Barr produces a variety of soft drinks from production sites at Cumbernauld, Forfar and Milton Keynes. Irn-Bru was launched in 1901.

Notes

  1. Judges within the Outer House of the Court of Session are named as "Lord " or "Lady ", the full name of Lord Walker is James Walker.

References

  1. ^ "Annual Report 2023" (PDF). A.G. Barr. Retrieved 12 February 2024.
  2. "A.G. Barr p.l.c. overview - Find and update company information - GOV.UK". Companies House. 30 June 1904. Retrieved 24 October 2024.
  3. "Privacy Policy - AG Barr". AG Barr. Retrieved 24 October 2024.
  4. ^ "History". A.G. Barr.
  5. Leishman, David (April 2017). ""Original and Best"? How Barr's Irn-Bru Became a Scottish Icon". Études Écossaises (19). doi:10.4000/etudesecossaises.1206.
  6. A.G. Barr buys up Findlays The Scotsman, 27 December 2002
  7. The Big Profile: Roger White Archived 31 July 2012 at archive.today Insider Magazine, 25 November 2008
  8. Lyons, William (28 May 2006). "Barr hopes water deal will help it fizz again". The Scotsman.
  9. Lemer, Jeremy (25 January 2008). "AG Barr grows in sports drinks". Financial Times.
  10. Eleftheriou-Smith, Loulla-Mae (29 September 2010). "AG Barr profits bolstered by exotic fruit drink Rubicon". Marketing Magazine. Haymarket.
  11. "AG Barr and Britvic agree to merger". BBC News. 14 November 2012. Retrieved 14 September 2014.
  12. "AG Barr abandons bid for Britvic". BBC News. BBC. 11 July 2013. Retrieved 8 August 2013.
  13. "A. G. Barr buys cocktail mixer firm Funkin Ltd in deal worth up to £21m". Business Insider. 2 February 2015. Retrieved 22 July 2024.
  14. Walsh, Dominic. "Boost energy drink nets £20m for founders Simon and Alison Gray". The Times. ISSN 0140-0460. Retrieved 6 December 2022.
  15. "A. G. Barr acquires Moma Foods for £3.4 million". Food Manufacture. 20 December 2022. Retrieved 22 July 2024.
  16. "A.G. Barr Acquires Rio Soft Drinks Brand". ESM Magazine. 24 October 2023. Retrieved 25 October 2023.
  17. "Coca-Cola Co. v. Barr (AG) - Reports of Patent, Design and Trade". paperzz.com. Retrieved 16 January 2024.
  18. "SOFT DRINK COMPANIES ARE IN DISPUTE". The Glasgow Herald. 15 July 1961. p. 8.
  19. "A.G.Barr factshire". Citywire. Retrieved 19 March 2018.

External links

FTSE 100 ← FTSE 250 companies of the United Kingdom → FTSE SmallCap
Categories: