Brief: Umida Signs Cooperation Agreements With Two Production Partners

Umida AB (publ)

23/08/2019 10:43

Aug 23 (Reuters) - Umida Group AB  UMIDAb.TE :
    * SAID ON THURSDAY CONCLUDED COOPERATION AGREEMENTS WITH TWO
STRATEGIC PRODUCTION PARTNERS
    * AGREEMENTS WITH AB NO 1 BRANDS AND HERRLJUNGA CIDER AB
CONCERN
PRODUCTION OF CO'S SPIRITS, COOKING RANGE AND PORTFOLIO OF
MULLED WINE PRODUCTS
    * AGREEMENTS ENTAIL RETAINED GROSS MARGIN PER PRODUCT AS
WELL AS A
PREVIOUSLY ANNOUNCED ANNUAL COST SAVINGS OF ABOUT SEK 11 MILLION
    * NEW PARTNERSHIPS INCLUDE ALL PRODUCTION AND FILLING OF
CO'S
PRODUCTS
    * ALL DISTRIBUTION AND SALES STILL MANAGED BY CO

    
 Source text for Eikon:  ID:nWkrV776W 
    
 Further company coverage:  UMIDAb.TE  
   


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