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Pin to quick picksGusbourne Share News (GUS)

Share Price Information for Gusbourne (GUS)

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Share Price: 59.50
Bid: 58.00
Ask: 61.00
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Gusbourne Extends Wine Distribution Footprint To Seven More Countries

Thu, 19th Dec 2019 12:24

(Alliance News) - Wine maker Gusbourne PLC on Thursday announced new distribution partners in seven countries from 2020.

Gusbourne has signed distribution deals with partners in France, Austria, Germany, Finland, Ireland, New Zealand, and Russia.

The company also said some of its wines will also be served in the first class lounges of Japan Airlines from April next year.

Its wines were already distributed in the US, Japan, Switzerland, Canada, UAE, Denmark, Norway, and Estonia.

The Kent-based company has a wine-making estate in the same county.

Chief Executive Charlie Holland said: "Ever since Gusbourne was founded in 2004, we have been privileged to supply a wide range of leading restaurants, hotels and prestigious retailers across the UK and beyond with our award-winning wines.

"We are thrilled that Gusbourne will be available in 15 countries overseas from the start of 2020 and very much look forward to working closely with our new and existing distribution partners in the years ahead."

Shares were 1.4% higher shortly after midday on Thursday at a price of 75.01 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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