Britvic plc
15 August 2007
(FOR IMMEDIATE RELEASE)
15th August 2007
Britvic plc ('Britvic')
Acquisition of the soft drinks and related businesses of C&C Group plc ('CCSD')
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Britvic today announces the unconditional approval of the acquisition of CCSD by
the Irish Competition Authority. Completion of the transaction is planned for
29th August 2007.
All details and guidance given previously remain unchanged - please refer to the
announcement of 14th May 2007 for further information.
Current Trading
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The UK has experienced unseasonably poor weather in May, June and July. However,
our continued focus on costs and promotional efficiency, which has led to an
improved average realised price, combined with strong first half results, means
that, excluding any contribution from CCSD, we remain confident that the result
for the year will be within the range of current market expectations.
Britvic will issue an update on trading over the 52 weeks to 30th September on
17th October 2007.
INVESTOR ENQUIRIES
Britvic plc 01245 504 330
Craig Marks
MEDIA ENQUIRIES
Brunswick
Conor McClafferty 0207 404 5959
Tom Buchanan 07974 982 366
Notes to editors
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Britvic is one of the two leading branded soft drinks businesses in Great
Britain. The Company is the largest supplier of branded still soft drinks, the
faster growing category in the soft drinks market, and the number two supplier
of carbonates.
Britvic's broad portfolio of leading brands includes established names with
high brand recognition such as Robinsons and Tango and highly successful
innovations such as J2O and Fruit Shoot. Included within the portfolio are the
Pepsi and 7UP brands, which Britvic produces, markets, sells and distributes
under its exclusive appointment from PepsiCo which runs until December 2023.
This brand and product portfolio enables Britvic to target and satisfy a wide
range of consumer demands in all major soft drinks categories, via all available
routes to market.
Cautionary note regarding forward-looking statements
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This announcement includes statements that are forward-looking in nature.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Except as
required by the Listing Rules and applicable law, Britvic undertakes no
obligation to update or change any forward-looking statements to reflect events
occurring after the date such statements are published.
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