Lucas Bols : On its way to integration; ambitious but manageable
>Promising acquisitions to be developed - In the past few years, Lucas Bols has been doing sizeable acquisitions, including Passoa and Tequila Partida. Other smaller brands have been acquired as well, such as Fluere and Nuvo, regarding which a call option was exercised on 1 July 2023 for a $ 5.7m purchase price. Those acquisitions should enable the company to widen its liqueur and spirit range, and to further follow cocktail trends. However, we believe the new brands...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.
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