RCS - Ty Nant - Ty Nant Sales Surge 270%

RestaurantAnnouncement

08/03/2023 11:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230308:nRSH3067Sa&default-theme=true

RNS Number : 3067S  Ty Nant  08 March 2023

Ty Nant Sales Surge 270%

 

Ty Nant Natural Mineral Water reports exceptional sales performance in 2022
with plans to triple turnover in 2023

Ty Nant (https://tynant.com/) Natural Mineral Water is pleased to announce a
remarkable 270% increase in sales in 2022 over 2021, with a two-year compound
annual growth rate (CAGR) of over 104% making it one of the fastest growing
drinks company in the United Kingdom. The brand's channel strategy has been
instrumental in achieving this growth, focusing on three key areas in the
United Kingdom: Premium Hospitality, Retail, and Wholesale. Ty Nant has also
expanded its export business, with its brands now distributed in over 20
countries worldwide.

Major new customers, including Wagamama's and Tattu restaurants nationwide, as
well as partnerships with leading retailers and wholesalers, have allowed Ty
Nant to expand its distribution and increase brand visibility. Ty Nant seeks
to reshape the bottled water category as a super-premium, independently owned
British brand that is proudly Welsh.

In partnership with leading agency Hunt Hanson, Ty Nant rebranded its
packaging with a unique "single estate" branding reflecting the provenance of
the Ty Nant Estate from over 200 acres of wild organic Welsh countryside. The
brand's commitment to sustainability is reflected in sourcing its energy from
renewable sources and using only the finest materials in its packaging.

"Ty Nant Natural Mineral Water announce a remarkable 270% increase in sales in
2022 over 2021"

Key sponsorships, including the Laver Cup tennis tournament and partnership
with The Master Chefs of Great Britain, have helped raise awareness of the
brand among customers.

Ty Nant Natural Mineral is part of the Ty Nant Group, a distinguished
collection of luxury super-premium British brands. The group last year
acquired the Pentland Still distillery located in Edinburgh, Scotland. The
Pentland Still produces the renowned Kings Hill Gin, a super-premium gin that
is sold in John Lewis and other exclusive outlets nationwide. This acquisition
was a strategic move by the Ty Nant Group to expand its portfolio of luxury
brands and mark the Ty Nant Group's entry into in the super premium spirits
market.

Ty Nant expects to triple its turnover in 2023 with an exciting program of
developments to be announced in the coming weeks. Ty Nant's Chairman, Raminder
Sidhu was quoted as saying "This impressive achievement is a testament to the
hard work and dedication of our team, as well as our commitment to
sustainability and the highest quality products. As we look to the future, The
Ty Nant Group remains committed to our rapid growth plan and expanding our
portfolio of luxury brands. We are excited for the continued growth and
success of the company."

For all enquiries, please contact Hannah Fletcher on her email at
hannah@tynant.com

 

-     ENDS -

 

 

PRESS CONTACT:

 

Ty Nant Water

01974272111

hannah@tynant.com

http://tynant.com (http://tynant.com/)

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUWRRROWUORAR