Business
Business reorganisation
Business reorganisation.
About this update from A.g. Barr P.l.c.
[{"type":"text","content":"\n\nIMMEDIATE RELEASE 14 March 2024\nA.G. BARR p.l.c.\n(\"A.G. BARR\" or \"the Group\")\n \nA.G. BARR p.l.c., the branded multi-beverage business with a portfolio of market-leading UK brands, including IRN-BRU, Rubicon, FUNKIN and Boost.\n \nBusiness reorganisation\n \nBarr Direct\n\nFollowing a comprehensive review of Barr Soft Drinks' sales and distribution operations we are today announcing a proposal to change the route to market strategy in the important symbols and independent retail channel. The current direct to store delivery model, supported by telesales, would move to an enlarged and enhanced field sales operation with brands directly supplied through existing wholesale channels. \n \nThe proposal impacts up to 160 employees however it is expected that additional field sales roles will be created to support the new route to market. \n \nSubject to consultation the proposals could result in the closure of our direct operations at Moston, Wednesbury and Dagenham and could be completed by the end of June.\n \nBoost Drinks\n \nFollowing the acquisition of Boost Drinks in December 2022, the Group commenced a manufacturing in-sourcing programme of Boost's products to the Barr Soft Drinks division, delivering margin improvement as a consequence.\n \nThe Group is now announcing a proposal to fully integrate the Boost business into Barr Soft Drinks which would result in a reduction in duplicated activities and access to the wider Barr Soft Drinks sales channels and organisation. Subject to consultation it is anticipated that the integration would be completed by the end of the year.\n \nThe proposal impacts 35 employees and would lead to the closure of the Boost Leeds office.\n___________\n \nThe proposals a...