Supreme PLC (GB:SUP) has released an update.
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Supreme PLC has strategically acquired Clearly Drinks Limited for £15 million, a well-established UK manufacturer of canned and bottled drinks, marking a significant expansion of Supreme’s product range. The acquisition is expected to immediately enhance earnings and create opportunities for cross-selling and upselling within Supreme’s existing retail distribution network. Clearly Drinks, known for brands like Perfectly Clear and Northumbria Spring, boasts an automated production facility with an impressive capacity for output and a strong foothold in the UK retail market.
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