Shares in London-listed beverages name Fevertree Drinks traded 8% higher on Friday morning amid speculation that it could be acquired by consumer goods giant Unilever.
Talk of a possible bid from Unilever follows last week´s appointment of Unilever executive Kevin Havelock as a non-executive director at Fevertree.
Havelock heads up the beverages and ice cream business at Unilever and has been a member of the firm´s Executive Committee since 2011.
Fevertree, a maker of premium, non-alcoholic drinks such as tonic, ginger beer and lemonade, mainly sells to restaurants and bars.
As well as Unilever, there is speculation that other, more mainstream drinks groups, might also be interested in snapping the business up as they view Fevertree´s upmarket product suite as being a good compliment to their mass-market offerings.