Clearly Drinks Acquired by Supreme PLC
Clearly Drinks Acquired by Supreme PLC
Transaction
Overview
Spayne Lindsay is delighted to announce that it has advised Supreme plc on the agreed acquisition of Clearly Drinks, a long-established and well-known UK manufacturer of specialised canned and bottled-at-source spring water and soft drinks from North Edge Private Equity for £15m.
Established in 1885, Clearly Drinks is a brand owner and manufacturer of soft drinks and bottled-at-source spring water in cans, glass and polyethylene terephthalate (“PET”) (plastic) bottles, and currently services c.70 customers nationwide including major UK retailers.
Alongside manufacturing its own brands and providing private and own label beverages for supermarkets and discounters, Clearly Drinks is a contract manufacturer for a number of the world’s largest soft drinks companies.
Clearly Drinks is the owner of Perfectly Clear, Northumbria Spring and Revolution Waves, offering a diverse range of products across its beverage brands portfolio including spring water (still and sparkling), energy drinks, isotonic vitamin drinks, flavoured spring water, juices, coffee-based beverages, and mixers and tonics.
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