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Compagnia dei Caraibi S.p.A. ( (IT:TIME) ) has shared an announcement.
Compagnia dei Caraibi has announced the exclusive distribution of Meili Vodka in Italy, a brand founded by actor Jason Momoa and Blaine Halvorson. This partnership aligns with the company’s strategy to expand its portfolio with innovative and high-quality brands, tapping into the celebrity spirits trend. Meili Vodka, crafted in Montana, is noted for its unique production process using ancient aquifer water and sustainable packaging, promising a distinctive taste and high quality. This collaboration is expected to enhance Compagnia dei Caraibi’s market positioning by adding a product with significant growth potential and international appeal.
More about Compagnia dei Caraibi S.p.A.
Compagnia dei Caraibi S.p.A., established in 2008 in Vidracco, is a prominent player in the import, development, brand building, and distribution of premium and over-premium spirits, wines, and soft drinks globally, including Italian craft beers. The company is known for distributing trendy and emerging brands and has a significant presence in over 30 countries, with direct operations in Italy, Spain, and the United States. It has been listed on the stock exchange since July 2021 and has a strong commitment to ESG principles, having become a Benefit Company and obtaining B Corp® certification.
YTD Price Performance: -50.22%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.53M
See more insights into TIME stock on TipRanks’ Stock Analysis page.