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10/07/2000

Britvic Soft Drinks Buys Orchid Drinks

Britvic Soft Drinks Buys Orchid Drinks

Bass PLC (Bass) today, 10 July 2000 announces the purchase of Orchid Drinks Limited, a soft drink manufacturer based in Hartlepool, by a subsidiary company of Britvic Soft Drinks Limited.

The consideration is less than 1/2 per cent of the net assets of Bass.

Britvic Soft Drinks is one of the UK's leading soft drinks companies and this acquisition strengthens the company's position in the soft drink industry by extending its portfolio of brands further into the adult soft drink market.

Orchid Drinks produces the leading adult lifestyle brands of Amé, Aqua Libra, Purdey's, Norfolk Punch and Duchy Originals.

Commenting on the acquisition, Stephen Davies, Britvic's Managing Director said, "This investment captures a portfolio of brands which when combined with the existing brands of Tango, Robinsons and Pepsi creates a choice for the consumer which is second to none within the UK's leading Soft Drinks Companies."

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For further information, please contact:

Pugh Phillips, Director of Group Communication   020 7409 1919
Mark Rigby, Media Relations 020 7409 8571
Jonathan Atack, Investor Relations 020 7409 8153

Notes to editors:

Bass is an international leisure hospitality group operating in hotels, leisure retail and branded drinks.

  • Bass Hotels & Resorts is the world's most global hotel company whose brands include Inter-Continental Hotels and Resorts, Crowne Plaza Hotels and Resorts, Holiday Inn, Express by Holiday Inn and Staybridge Suites. It owns, operates or franchises more than 2,900 hotels and over 480,000 guest rooms in more than 95 countries and territories around the world.
  • Bass Leisure Retail operates about 3,000 managed pubs, restaurants and leisure venues including brands such as Vintage Inns, Harvester, Toby, Browns, All Bar One, It's A Scream, O'Neill's, Edwards, Goose and Hollywood Bowl.
  • Bass Brewers is one of the UK's leading producers of branded drinks including Carling, the UK's No 1 consumer brand, Tennent's, Worthington, Caffrey's, Grolsch, Bass Ale and Hooper's Hooch.
  • Britvic Soft Drinks is one of the leading UK producers of branded soft drinks with brands such as Tango, Robinsons and Pepsi.

Orchid Drinks was formed in May 1992 following the management buy out of the soft drinks business of Camerons Brewery in Hartlepool by five former managers.

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