Brief: Candles Scandinavia Signs 5-Year Deal With Rituals
25/10/2022 09:47
Oct 25 (Reuters) - Candles Scandinavia AB CANDLEb.ST :
* SAID ON MONDAY: CANDLES SCANDINAVIA SIGNS 5-YEAR DEAL WITH
RITUALS ON PRODUCTION OF SCENTED CANDLES
* MINIMUM GUARANTEED YEARLY VOLUME SEK 165 MLN (2023-2027)
* TOTAL DEAL VALUE SEK 825 MLN
* CANDLES TO BE DISTRIBUTED IN ABOUT 40 COUNTRIES
* DEAL ENTAILS NEED FOR INCREASED PRODUCTION CAPACITY
Source text for Eikon: urn:newsml:reuters.com:*:nMFN25NLJk
Further company coverage: CANDLEb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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