Supreme PLC (LSE:SUP) has purchased the trade and intellectual property of the renowned 1001 Carpet Care brand from the WD-40 Company for £1.65 million, with additional contingent payments linked to future sales performance. The acquisition supports Supreme’s strategy to expand its consumer goods portfolio, providing access to new retail channels and the opportunity to grow 1001 into a broader household cleaning brand. The deal is expected to contribute to earnings immediately and integrate seamlessly without disrupting existing customer service.
Supreme’s financial strength—demonstrated through solid revenue and profit growth, efficient balance sheet management, and strong cash flow—remains a key factor in the stock’s appeal. Strategic corporate moves, including acquisitions and market expansion, further enhance investor confidence. While technical analysis shows some resistance levels, the company’s low P/E ratio and attractive dividend yield make it a compelling option for value-focused investors.
About Supreme PLC
Supreme PLC is a leading manufacturer, supplier, and brand owner in the fast-moving consumer goods sector. Operating across three divisions—Vaping, Drinks & Wellness, and Electricals—the company maintains a vertically integrated platform covering product development, manufacturing, and extensive retail distribution. Its portfolio includes globally recognized brands as well as in-house labels like 88Vape, and it has grown through acquisitions such as Typhoo Tea and Clearly Drinks.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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