Good Drinks Australia Ltd (AU:GDA) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Good Drinks Australia Ltd has entered into a national distribution deal with Rekorderlig Cider, adding the acclaimed Swedish cider to its portfolio and becoming the third largest cider supplier in Australia. They aim to boost sales by leveraging their national sales network and developing new products in response to the evolving consumer tastes, with Rekorderlig continuing production in Sweden. The exclusive partnership is set for an initial five-year term starting July 2024, with a possibility of a two-year extension based on performance.
For further insights into AU:GDA stock, check out TipRanks’ Stock Analysis page.