Barr claim victory amid loss

Published: 24/09/2013

Irn-Bru maker A.G. Barr has revealed a £5million blow from its failed merger with Robinsons firm Britvic but claimed victory amid a cut-throat soft drink market.

The Scottish firm said costs of the aborted deal add up to £4.9million, helping knock profits during the six months to the end of July by 10% to £13.2million.

Barr, which dates back to 1875 and also makes Tizer and Rubicon, called time on the £1.4billion merger in July after Hertfordshire-based Britvic rejected a sweetened revised approach.

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