A.G. Barr plc, commonly known as Barr's, is a British soft drink manufacturer, based in Cumbernauld, North Lanarkshire, Scotland. It is particularly notable for the manufacture of the popular Scottish drink, Irn-Bru. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
| Type | Public |
|---|---|
| Traded as | LSE: BAG |
| Industry | Beverages |
| Founded | 1875 |
| Founder(s) | Robert Barr |
| Headquarters | Cumbernauld, North Lanarkshire, Scotland, UK |
| Key people | Ronnie Hanna, Chairman Roger White, Chief Executive |
| Products | Irn-Bru Tizer Red Kola Barr Cola D'n'B KA American Cream Soda Cherryade Saint Clement's Lemonade Ginger beer Limeade Lipton Iced Tea Orangina Shandy Raspberryade Appleade Blueberryade |
| Revenue | £237.6 million (2013)[1] |
| Operating income | £34.9 million (2013)[1] |
| Net income | £25.6 million (2013)[1] |
| Employees | 930 (2012)[2] |
| Website | www.agbarr.co.uk |
A.G. Barr plc, commonly known as Barr's, is a British soft drink manufacturer, based in Cumbernauld, North Lanarkshire, Scotland. It is particularly notable for the manufacture of the popular Scottish drink, Irn-Bru. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
On 14 November 2012 A.G. Barr and Britvic agreed the terms of a merger to create Barr Britvic Soft Drinks which will be one of Europe's largest soft drinks companies.
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The company was founded in 1875 by Robert Barr in the town of Falkirk.[3] In 1887 his son, Robert Fulton Barr, set up a division of the original company in Glasgow, which had a much larger population.[3] Then in 1892 the Glasgow branch passed to Andrew Grieg Barr, a brother of the founder of that branch.[3] Irn-Bru was first launched in 1901.[3] The Falkirk and Glasgow divisions merged in 1959.[3] The Company was first listed on the London Stock Exchange in 1965.[3]
In 1972, the Tizer brand was purchased.[3] The year 1980 saw the introduction of Low Calorie Irn-Bru: this changed its name in 1991 to Diet Irn-Bru, and then in 2010 to Irn-Bru sugar free. In 2001 the company acquired Findlays Mineral Water which is sourced in the Lammermuir Hills.[4]
In 2002 Roger White joined A. G. Barr as managing director and in 2004 became Barr's first ever non-family chief executive.[5]
The Company acquired Forfar based Strathmore Mineral Water in May 2006.[6] The Irn-Bru 32 energy drink variant was launched in 2006.[3] In 2008 the company purchased the Taut sports drink range.[7]
On 14 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.[8]
A.G. Barr produces a variety of soft drinks from production sites at Cumbernauld, Mansfield, Forfar, Tredeger and Pitcox.[2]
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