Distil plc ( (GB:DIS) ) has shared an update.
Distil plc has extended its partnership with Global Brands Ltd to include full UK distribution rights for its products, effective from 15 February 2025. This strategic move is expected to significantly boost Distil’s brand growth in the UK market by leveraging Global Brands’ extensive sales network and logistics capabilities, while discontinuing its relationship with Marussia Beverages.
More about Distil plc
Distil plc is a company that owns a range of premium drinks brands, including RedLeg Spiced Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka. The company focuses on the beverage industry, particularly in the premium spirits segment, and aims to enhance its market presence through strategic partnerships.
YTD Price Performance: -4.17%
Average Trading Volume: 7,056,672
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.53M
See more insights into DIS stock on TipRanks’ Stock Analysis page.