Coca-Cola GB has not been drawn on reports that it is in talks with Highland Spring, despite recent press speculation.

Speaking to just-drinks today (29 May), a spokesperson for Coke said: "The reports are pure speculation."

Highland Spring, owned by the Dubai based Tajir family, concurred: "We have no idea where these rumours started, but that's all they are," a spokesperson said.

The reports follow a recent citing that Coke is looking for deals in Scotland, with AG Barr being mentioned as a contender.

Press reports have suggested the drinks giant was on the verge of making a purchase in the country. "Coca-Cola is looking for a deal in Scotland," an industry source was cited saying in The Scotsman last week. "It is definitely doing a deal and something is due imminently. The name being talked about is AG Barr."

AG Barr owns soft drink Irn Bru and Strathmore bottle water.