Britvic
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| Type | Public (LSE: BVIC) |
|---|---|
| Industry | Soft drinks |
| Founded | Mid nineteenth century |
| Headquarters | Chelmsford, England, UK |
| Key people | Gerald Corbett, Chairman Paul Moody, Chief Executive |
| Products | Britvic 55, Robinsons, Tango, J2O UK and Ireland franchises of Pepsi and 7 Up |
| Revenue | £1,138.6 million (2010)[1] |
| Operating income | £134.6 million (2010)[1] |
| Net income | £(48.2) million (2010)[1] |
| Employees | 3,057 (2010)[1] |
| Website | www.britvic.co.uk |
Britvic plc (LSE: BVIC) is a British producer of soft drinks. It is the number two soft drinks producer (by volume and retail sales value) in the UK. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is headquartered in Britvic House in Chelmsford, Essex, England.[2]
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[edit] History
The company was founded in the mid-nineteenth century in Chelmsford as the British Vitamin Products Company.[3] It started producing fruit juices in 1938 and started marketing them under the Britvic name in 1949.[3]
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.[3] It acquired Tango from Beechams in 1987 and since that year it has also owned the UK franchise for Pepsi and 7 Up.[3] In 1995 it bought Robinson's from Reckitt & Colman.[4]
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.[5]
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.[6]
[edit] Operations
Although most of its operations are concentrated in the United Kingdom and Ireland, the Company's international arm is expanding and it now exports to over 50 countries. Corporate headquarters are in Chelmsford, Essex UK, moving to Hemel Hempstead in March 2012, with regional offices in Dublin and France.
[edit] United Kingdom
The Company owns a number of leading brands in the UK including Britvic itself, R. White's Lemonade, Tango, Robinson's and J2O - as well as being the licensed bottler for PepsiCo products within the UK. In 2008 Britvic launched Gatorade in the UK, after securing the rights to do so from PepsiCo. In May 2010, Britvic launched a UK exclusive drink called Mountain Dew Energy. It mostly tastes the same as its American counterpart, but has higher sugar content.
[edit] Ireland
The Company owns a number of leading brands in the Republic of Ireland and Northern Ireland, including, Ballygowan water, Britvic, Cidona, MiWadi, and Energise Sport as well as the rights to Pepsi and 7 Up brands in the territory through its bottling agreements with PepsiCo.
[edit] France
Britvic bought Fruite Enterprises in May 2010 for £298 million.[7] It has since renamed the business Britvic France. It is mainly a fruit juice business, unlike the GB&I businesses that focus on soft drinks.
[edit] Current Brands
Current brands are as follows:[8][9]
Cordials
Water
- Pennine Spring
- Ballygowan
- Drench
Carbonated Soft Drinks
- Tango
- Club (Ireland)
- Purdey's
- Red Devil Energy Drink
- Shandy Bass
- Britvic 55
- Really Wild Drinks Company
- Idris Ginger Beer
- R. White's Lemonade
- TK (Taylor Keith) Lemonade (Republic of Ireland)
- C&C Lemonade (Northern Ireland)
- Energizer (Ireland)
- Cidona
Other
- Energizer Sport (Ireland)
- Amé
- J2O
- Drench
- Fruite (France)
- Jus de Fruits (France)
- Pressade (France)
- Teisseire (France)
Franchised from PepsiCo
- 7 UP
- Pepsi
- Lipton Ice Tea
- Sobe Pure Rush
- Sobe V Water
- Mountain Dew Energy
- Gatorade (Great Britain)
[edit] References
- ^ a b c d Annual Report 2010
- ^ "Chelmsford - Broomfield Road." Britvic. Retrieved on 29 August 2009.
- ^ a b c d Britvic History
- ^ Chief sets Robinsons enigma Campaign, 17 May 1996
- ^ Britvic announces details of IPO Drinks Business Review, 14 November 2005
- ^ Britvic Agrees to Buy C&C's Soft-Drinks Division CNBC, 14 May 2007
- ^ Britvic sales juicier despite the weather Evening Standard, 27 January 2011
- ^ Britvic: Brands
- ^ Britvic: Home page
[edit] External links
Media related to Britvic at Wikimedia Commons
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