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New Deal


Announced

Britvic to acquire Jimmy’s Iced Coffee.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

iced coffee

beverage manufacturing

Soft Drinks

Acquisition

Majority

Domestic

Private

Pending

Friendly

Single Bidder

Synopsis

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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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