Lucas Bols : From shooter to sipper (Upgrade to Outperform)
>Tequila Partida sensible acquisition - On 9 December, Lucas Bols announced the acquisition of Mexican premium tequila brand Tequila Partida. This is, in our view, a highly sensible step, for various reasons. The move adds a third white spirit to Lucas Bols’ portfolio (in addition to gin/genever and vodka). In the US specifically, the world’s most developed cocktail market (annual tequila growth of ~6%), the spirit blends well with Lucas Bols’ number one SKU Triple Se...Lucas Bols NV manages the product development, bottling, distribution, sales and marketing of the brands Bols, Galliano, Vaccari, Damrak Gin, Pisang Ambon, Bokma, Hartevelt, Coebergh, PassoAPS and a large group of Dutch jenevers and liqueurs. Co.'s objective is to strengthen and grow its global brands in the international cocktail market while maintaining the competitiveness of its regional brands in regional and local markets.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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