Distil strikes new US partnership AIKO Importers

(Sharecast News) - Drinks company Distil announced on Monday that it had struck a new partnership with a US distributor to bring Blavod Black Vodka back into the market. Distil said its partnership with AIKO Importers marked "a significant step" in the North American relaunch of Blavod, with the firm leveraging AIKO's "extensive distribution network" of 185 partners.

Chairman Don Goulding said: "Unlocking distribution for Blavod in the US marks an important moment and growth opportunity for the brand which has enjoyed success in this market in the past, until the previous distributor pulled back during Covid lockdowns. Since then, we've been inundated with requests for the product from customers and consumers, demonstrating strong awareness and demand, and have been working hard to find the right partner to reestablish the brand in market.

"Shipments are planned to commence by the end of June this year. From a planning point of view, we are assuming tariffs will remain in place for the foreseeable future. Current levels are manageable, with a benefit across the supply chain should they be lifted. We believe this to be good time to drive forward, and we're excited to working closely with the Aiko team to build back this distribution."

As of 1345 BST, Distil shares had surged 23.14% to 0.086p.







Reporting by Iain Gilbert at Sharescast.com