LONDON: A.G. BARR announced the acquisition of the Rio soft drinks brand through the purchase of Rio Tropical Limited. Acquired from Hall and Woodhouse Limited, the independent brewer and pub company, for a total cash consideration of £12.3m, tropical fruit brand Rio has been marketed, sold and distributed on an exclusive licence basis by A.G.…
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A.G. BARR takes initial 60% equity stake in MOMA Foods
LONDON, UK: A.G. BARR has taken an initial c.60% equity stake in MOMA Foods Limited with an agreed path to full ownership over the next 3 years. A.G. BARR produces and markets some of the UK’s leading drinks brands, including IRN-BRU, Rubicon and Funkin. MOMA Foods was founded by Tom Mercer in 2006 and quickly…