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Distil PLC - London-based owner of drinks brands including RedLeg Spiced Rum and Blackwoods Gin - Inks new partnership with Global Brands Ltd to supply UK off-trade customers. "Global Brands will be servicing Distil's UK grocery, cash & carry, and convenience customers effective immediately. Utilising its extensive sales network, and proprietary logistics and warehouse capabilities, this new venture offers the opportunity to work closely with a long-standing partner to accelerate brand growth," the company says.
"Global Brands has strong relationships with major grocery customers thanks to the national distribution of its own brands - which include VK, Hooch, and Franklin & Sons - in this channel and has demonstrated a keen understanding of Distil's brands and ambitions," Executive Chair Don Goulding says.
"Having worked with its experienced team on our RedLeg ready-to-serve cans with Franklin & Sons since 2019, we are confident that Global Brands is the best partner to support our growth within the UK off-trade."
Current stock price: 0.52 pence, up 3.0%
12-month change: up 7.3%
By Sophie Rose, Alliance News senior reporter
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