tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Everest Global Expands into Cigar Distribution with Strategic Acquisition

Story Highlights
Everest Global Expands into Cigar Distribution with Strategic Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Anglo African Agriculture ( (GB:EVST) ) just unveiled an update.

Everest Global plc, a company listed on the London Stock Exchange, has acquired the trade and assets of a cigar distributor and cigar lounge from Rekam Limited for £90,000. This acquisition is strategically aligned with Everest’s existing alcohol distribution and retail business, as it leverages the synergy between premium spirits and fine cigars. The new venture, operating under the subsidiary N20 Nine Limited, will provide a direct-to-consumer retail channel, enhancing brand experiences and loyalty while offering valuable consumer insights for broader distribution strategies.

More about Anglo African Agriculture

Average Trading Volume: 29,785

Technical Sentiment Signal: Sell

Current Market Cap: £580.4K

For a thorough assessment of EVST stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1