Distil
PLC
Appointment of
Global Brands to manage full UK distribution
Distil plc (AIM: DIS), owner of premium drinks
brands including RedLeg Spiced Rum, Blackwoods Gin and Vodka, and
Blavod Black Vodka, is pleased to announce an extension of its
partnership with Global Brands Ltd ("Global Brands") to include
total UK trade.
Distil has a long-established partnership with
Global Brands, having worked with its experienced team on the
RedLeg ready-to-serve cans with Franklin & Sons since 2019
before appointing the distributor to service Distil's UK grocery,
cash & carry, and convenience customers since March
2024.
The partnership has now been further extended,
with Global Brands having been appointed to service the UK
on-trade, giving Global Brands full distribution rights in the UK,
effective from 15 February 2025.
Utilising its extensive sales network, and
proprietary logistics and warehouse capabilities, the extension of
this partnership offers the opportunity to work closely with a
longstanding partner to accelerate brand growth.
Distil's relationship with Marussia Beverages,
which has serviced UK on-trade and premium off-trade customers
since September 2022, will cease in light of this new
partnership.
Don Goulding, Executive Chairman of Distil,
said:
"Following a successful trial in the grocery
and cash & carry sector, I'm delighted to announce a new
partnership with Global Brands, extending its distribution to the
full UK trade.
The Global Brands portfolio, which includes VK,
Hooch, and Franklin & Sons, alongside third-party brands
Shanky's Whip and American Beverage Marketers (ABM), offers
important synergies with Distil brands in terms of target consumers
and trade accounts.
The Global Brands team has demonstrated clear
understanding of Distil's brands and ambitions, and we are excited
by the opportunities that will be opened-up as part of its
portfolio. The sales force is considerably larger than we've dealt
with previously, and they've demonstrated strong relationships with
key national groups, as well as operational efficiencies and
organisational excellence. We are confident that Global Brands is
the best partner to support our growth within the UK
trade.
Distil will work closely with Global Brands
across all functions to drive Distil's commercial and marketing
agenda, with Global Brands servicing the customers from a logistics
and communications perspective, allowing Distil brands to benefit
from the scale of its business in this channel.
As part of this new partnership, our
relationship with Marussia Beverages will come to an end. The team
at Marussia are experts in their field and have done a great job
for our brands over the last two years, we thank them for their
support and wish them all the best for the future."
Julian Atkins, Managing Director at Global
Brands, commented: "Building on the success of our initial
collaboration with Distil PLC to distribute RedLeg Spiced Rum in
the UK off-trade, we are thrilled to announce the expansion of our
partnership. This new agreement grants us full UK distribution
rights for RedLeg Spiced Rum, Blackwoods Gin & Vodka, and
Blavod Vodka from within Distil PLC's portfolio.
RedLeg Spiced Rum has already made its mark
with its distinctive identity and exceptional quality, capturing
the attention of consumers and retailers alike. We are equally
excited to bring Blackwoods Gin & Vodka, and Blavod Vodka into
our portfolio - each offering unique character and heritage that
perfectly complements our commitment to offering our customers
variety and innovation.
This extended partnership marks another
significant milestone in our growth strategy, ensuring our
dedication to delivering exceptional brands to the UK market. With
our growing sales team and strong infrastructure, we are well
positioned to grow these brands while actively pursuing new
opportunities for third-party collaborations."
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL)
ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA
A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO
BE IN THE PUBLIC DOMAIN.
Distil PLC
|
|
Don
Goulding, Executive Chairman
|
Tel:
+44 203 283 4006
|
SPARK Advisory Partners Limited
(NOMAD)
|
|
Neil
Baldwin
Mark
Brady
|
Tel:
+44 203 368 3550
|
Allenby Capital Ltd
(Broker)
|
|
James Reeve/Piers Shimwell
Jos
Pinnington/Guy McDougall
|
Tel:
+44 (0)20 3328 5656
|