MERGER talks have begun between two soft drinks companies - one of which employs hundreds of workers in Rugby.
AG Barr and Britvic have confirmed they are in talks about a possible £1.4bn merger.
The Scottish-based company AG Barr, which produces Irn Bru, said discussions were at an early stage after it approached its rival Britvic, which has a plant on the Glebe Farm industrial estate, about a potential merger.
A joint statement from the two companies said the preliminary discussions may or may not result in an ‘all share merger’.
The statement said: “A merger would create one of the leading soft drinks companies in Europe, with a strong portfolio of market leading brands.”
AG Barr also makes Tizer and Rubicon, while Britvic produces Tango, Robinsons, J20 and Fruit Shoot. Britvic employs hundreds of people in the town. The companies have not yet said whether any jobs would be affected.