Supreme is the UK’s largest battery and lighting distributor, and a leading name in the e-cigarette and vaping market. Formed in 1975, Supreme supplies five key categories of consumer spending: Vaping, Sports Nutrition & Wellness, Batteries, Lighting and Branded Household Consumer Goods.

09 Aug 2022

Supreme plc - Acquisition of Cuts Ice Limited and Flavour Core Limited

Supreme has announced the acquisition of independent vaping products manufacturer Cuts Ice Limited, and Flavour Core Limited, developer of flavours and e-liquids regulatory practices compliance. The acquisitions bring e-liquid technical and regulatory compliance knowhow, plus offering manufacturing synergies and bring additional access to European markets.

The acquisitions are funded from existing resources, where Supreme has proven experience in the integration process, and are expected to be immediately EBITDA (adj.) earnings enhancing, with integration into its Vaping division systems and operations to follow.

The acquisitions bring to Supreme important vape flavourings, scientific and regulatory expertise, and practices to augment the vaping brand and commercial success Supreme has established in the UK. We leave our existing outlook in place for now with the proviso to revise at the next earnings update.

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