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Announced

A.G. BARR completed the acquisition of Boost Drinks for up to £32m.

Financials

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Transaction Value£32m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales0.8x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Friendly

drinks brand

United Kingdom

Completed

Single Bidder

Soft Drinks

Private

Majority

Synopsis

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A.G. BARR, a soft drink manufacturer based in Cumbernauld, Scotland, completed the acquisition of Boost Drinks, one of the UK's most recognisable functional drinks brands, for up to £32m. "Today's announcement is further evidence of our strategy to continue to grow the business through targeted acquisitions, with a particular focus on developing within high growth and functional categories. Boost is one of the UK's most recognisable functional drinks brands, and we are delighted to welcome the team into the A.G. BARR Group. The Boost portfolio offers premium taste and performance at a competitive price, with a strong market position in the UK independent retail channel. With A.G. BARR's proven track record of acquiring and developing attractive brands such as Rubicon and Funkin, I look forward to working with Simon and the team to ensure Boost continues to grow and develop under our ownership," Roger White, A.G. BARR CEO.

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