Announced
Financials
Sources
Tags
United Kingdom
iced coffee
beverage manufacturing
Soft Drinks
Acquisition
Majority
Domestic
Private
Pending
Friendly
Single Bidder
Synopsis
Britvic, a producer of soft drinks, agreed to acquire Jimmy’s Iced Coffee, a ready-to-drink iced coffee brand. Financial terms were not disclosed. “We are thrilled to welcome Jimmy’s Iced Coffee to our portfolio of much-loved Britvic brands. The focus on innovation, great taste with fewer calories, and fully recyclable packaging makes Jimmy’s a perfect fit for Britvic. We have a long track-record of acquiring and developing brands, and I am confident in our ability to quickly expand our position in the iced coffee category – which is an exciting and fast-growing market segment," Simon Litherland, Britvic CEO.
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