Time: 2023-07-06
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According to British media news on July 5, Supreme became the general distributor of ELFBAR and LOST MARY in the UK.
Supreme is a Manchester based FMCG manufacturer, supplier and brand. Supreme will supply products from ELFBAR and LOST MARY to major UK retailers including Tesco, Morrison, One Stop and WHSmith Travel.
Supreme CEO Sandy Chadha (Sandy Chadha) said that the current new distribution agreement is expected to bring in revenue of 25 million to 30 million pounds for the fiscal year ending March 31, 2023, and Supreme has invested additional Earnings before interest, tax, depreciation and amortization (EBITDA, or earnings before interest, tax, depreciation and amortization), around £2 million to support the working capital needed for growth.
Sandy Chada said, "We are delighted to receive a distribution appointment of this magnitude, which will enable our business to leverage its unique technical, regulatory, compliance and quality assurance capabilities in the vaping industry. We see established There has been a very positive response from both retailers and new retailers who see Supreme as the ideal partner to supply these products in the UK and I look forward to keeping our key stakeholders informed of the progress we continue to make over the remainder of the year. "
It is reported that Supreme is also the British distributor of the well-known disposable e-cigarette brand SKE, and its own e-cigarette brand is 88vape.