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Exotic purchase

This article was originally published in Foodnews

SCOTTISH drinks maker AG Barr announced that it has agreed to buy juice manufacturer Rubicon for UK£59.8 million. The acquisition will allow AG Barr, the maker of Tizer, Irn-Bru and Lipton Ice Tea, to expand its presence in the UK£1.7 billion UK still and juice drinks market. UKbased Rubicon, which produces juices from exotic fruits like mango, papaya and guava, had sales of UK£27.3 million and an operating profit of UK£4.7 million in 2007.



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