22/05/2013

Britvic Announce Factory And Warehouse Closures

UK soft drink manufacturer Britvic has announced it will close two factories and a warehouse, leaving up to 400 jobs at risk.

It is understood that the company, which currently employs 3,300, is aiming to reduce its staff by some 15%. This is part of a plan to save £30m in the next three years.

The firm’s chief executive, Simon Litherland, is quoted in the Gaurdian as saying: "It's always difficult to make those sorts of decisions particularly because it impacts people. We are committed to supporting people throughout the period but it's tough. We need to remain competitive."

The company is also awaiting news on its £1.4bn merger with Scotland’s AG Barr, which has been put on hold pending an inquiry by the Competition Commission.

(MH/CD)


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