Irn-Bru maker Barr buys sports drink firm

Irn-Bru and Tizer maker AG Barr moved into the sports drink sector today after unveiling a deal to acquire the owner of the Taut range.

Cumbernauld-based AG Barr will pay a nominal £1(€1.3) for the business, which made losses of £1.3m (€1.7m) in 2006 and recorded sales of £1m (€1.3m) last year. Taut’s drinks – launched in 2003 – contain no artificial sweeteners or preservatives.