Supreme acquires parent company of Clearly Drinks

Supreme today (24) has announced the acquisition of Acorn Topco Limited, the parent company of Clearly Drinks Limited, a long-established and well-known UK manufacturer of specialised canned and bottled-at-source spring water and soft drinks.

Established in 1885, Clearly Drinks is a brand owner and manufacturer of soft drinks and bottled-at-source spring water in cans, glass and PET”plastic bottles. 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.

Sandy Chadha, Chief Executive Officer of Supreme, commented, "We are delighted to be acquiring Clearly, a high-quality manufacturer and brand owner of soft drinks, which I believe delivers a significant component of our broader diversification strategy.

"Our enlarged business is not only gaining a strong additional pillar, which fully aligns with our Vaping, Lighting, Batteries and Sports Nutrition & Wellness categories, but also a significant opportunity to develop and capitalise on further cross and upsell opportunities which our trusted reputation across the UK retail space facilitates.

"We look forward to welcoming Clearly into the Supreme family and updating shareholders on our progress over the course of the current financial year."