Here, courtesy of analysts UBS, is a snapshot of the UK soft drinks company, Britvic.
- Britvic is a Pepsi bottler in the UK/Ireland and also owns its own soft drinks portfolio comprising Robinson’s, J2O and Teisseire
- Britvic is the number two player in the UK soft drinks market, behind Coca-Cola Enterprises. It is number two in the off-trade channel by value and market leader in the on-trade channel
- The UK accounts for 82% of Britvic group EBIT, followed by France (10%) and Ireland (5%)
- Pepsi owns a 5% stake in Britvic since it floated on the London stock exchange in 2005
- In 2007, Britvic bought C&C Group’s soft drinks and distribution business in the Republic of Ireland and Northern Ireland for EUR249.2m (US$337.5m)
- It followed the C&C buy in 2010 with the acquisition of French soft drinks maker Fruité for EUR237m (US$294m)