Maison Ferrand Renews Distribution Contract with Compagnia dei Caraibi

An announcement from Compagnia dei Caraibi S.p.A. ( (IT:TIME) ) is now available.

Maison Ferrand has renewed its distribution contract with Compagnia dei Caraibi for five years, highlighting the successful partnership that has seen significant growth in the value of Maison Ferrand’s brands in Italy. This renewal is set against a challenging market backdrop where spirits face a decline, but Maison Ferrand’s brands, particularly Citadelle Gin, continue to thrive. The agreement is based on strategic pillars aimed at strengthening brand awareness, increasing product trials, expanding distribution, and consolidating brand status. Compagnia dei Caraibi’s commitment to innovation and sustainability is evident in its Eco Pouch packaging, aligning with its philosophy of promoting conscious consumption.

More about Compagnia dei Caraibi S.p.A.

Compagnia dei Caraibi S.p.A. is a leading company in the import, development, brand building, and distribution of premium and super premium spirits, wines, and soft drinks globally, as well as Italian craft beer. Founded in Vidracco, Italy, in 2008, it operates in 34 countries with a direct presence in Italy, Germany, Spain, and the United States. The company is listed on the stock exchange since July 2021 and has a comprehensive catalog of over 1200 references. It has extended its business model with the Dispensa project, targeting end consumers through an omnichannel approach. Compagnia dei Caraibi is also a Benefit Company, focusing on ESG responsibilities, and obtained B Corp® certification in September 2023.

YTD Price Performance: -36.00%

Average Trading Volume: 31,819

Technical Sentiment Signal: Sell

Current Market Cap: €4.63M

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