News about Simon Gray

CRAIG BROWN: Today is my birthday. It only seems that I opened a birthday card with the word '6' attached a day or two ago. If I get a badge today, it will say '66'. I have overnight, and as a result of less tactful times, an old pensioner. I have always been a natural convert to bad news, so I have found it difficult to ignore the years' oldness.

When the Scottish soft drinks company bought a 68% stake at the end of last year, it became the majority owner of South London-based Moma, which also sells porridge, granola, and bircher muesli. At the time, it was also reached an agreement whereby the two sides could sell the remaining shares in three tranches over the course of three years, effectively giving AG Barr complete ownership.

The soft drinks behemoth has earned the initial £20 million in cash for the iconic brand, with an additional £12 million promised over the next two years based on revenues and profits. Boost, a company founded in 2001 by Simon Gray, offers a variety of energy and sports protein drinks in independent stores, convenience stores, and petrol forecourts.

According to the Equity Release Council, which supports the equity market, they are profiting from high house prices this fall to make ends meet as the cost of living rises. In the three months to September, more than 25,500 homeowners tapped into their property wealth, up 32 percent from the same year last year.