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GS Holdings Expands Beverage Sector Reach with Octopus Acquisition

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GS Holdings Expands Beverage Sector Reach with Octopus Acquisition

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GS Holdings Ltd. (Singapore) ( (SG:43A) ) has issued an announcement.

GS Holdings Limited has completed the acquisition of Octopus Distribution Networks, a leading integrated beverage solutions provider, for S$11.8 million. This acquisition enhances GS Holdings’ presence in the beverage sector by expanding its product management and distribution capabilities, adding a portfolio of over 1,500 products from 200 global brands. The deal allows GS Holdings to extend its reach across Singapore’s on-trade and off-trade channels, and positions the company for future regional growth opportunities.

More about GS Holdings Ltd. (Singapore)

GS Holdings Limited is a food and beverage group listed on the SGX-ST Catalist Board in Singapore. The company focuses on the operation and management of retail establishments within the F&B sector.

YTD Price Performance: -2.38%

Average Trading Volume: 1,676,593

Technical Sentiment Signal: Hold

Current Market Cap: S$35.11M

Find detailed analytics on 43A stock on TipRanks’ Stock Analysis page.

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