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0 0 0.00244669695910522 0.00244669695910522 0.00244669695910522 0.00244669695910522 0.00244669695910522 -0.00332051730164274
Stock impact report

Ty Nant acquires two brands from Primo Water to broaden offering [Yahoo! Finance]

Primo Brands Corporation Class A (PRMB) 
Company Research Source: Yahoo! Finance
The acquisition is expected to 'elevate' Ty Nant's position as a 'leading premium water brand' in the UK, while broadening its product range and geographical footprint, according to the company. The acquisition introduces new packaging options, including small plastic cuplets for travel retail and healthcare sectors, and 15L bottles for commercial, educational, and healthcare sectors, as well as access to the water cooler market. Ty Nant has 'ambitious' plans for 2025, including introducing aluminium bottles and cans as an eco-friendly alternative to traditional packaging, refreshing the 'contemporary classical' look for Llanllyr Source, launching new flavours from its Kings Hill small-batch gin distillery, and expanding into ten new export markets, according to chairman Raminder Sidhu. Ty Nant was founded in 1976 and officially launched in 1989, and has become known for its cobalt blue glass bottles. The company has recently acquired Llanllyr Source in late 2023 and Pentland S Show less Read more
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