Britvic to float on stock market

Soft drinks group Britvic is to float on the stock market this autumn with a value of up to €1.1 billion, according to weekend reports.

Britvic, whose brands include Robinson’s Barley Water and orange drink Tango, is understood to be on the brink of choosing advisers to mastermind the listing.

Analysts said the successful listings of Irish drinks group C&C and Typhoo Tea maker Premier Foods earlier this year had provided comfort that conditions had improved for drinks groups seeking to go public.