e-liquid will be listed on the London Stock Exchange
Before, I only saw the listing of electronic cigarette accessories and electronic cigarette related raw materials companies. E-liquid has not seen any of them. However, no record of e-liquid companies going public will be broken.
According to the Guardian, British Supreme is expected to be listed on the London Stock Exchange's primary market, Aim, in mid-to-late May, with a market value of 150 million pounds, or about 1.32 billion yuan.
I saw on the Internet that there is a clothing brand also called Supreme, which has previously sold clothing jointly with LV. But this is not the same company. The company was born in Manhattan, New York in the fall of 1994. The Supreme company said today, headquartered in Manchester, UK, is one of the largest e-liquid manufacturers in the UK.
After going public, Supreme will be the first British steam cigarette company to go public. A further £ 10 million will be raised to expand its Manchester plant and more. Supreme owns KiK and 88 steam smoke brands and produces more than 130,000 bottles of atomized e-liquid per day.
In 2017, it also sold hardware kits and steam smoke accessories, as well as bulbs and batteries. In the past year, revenue was 70.7 million pounds, and EBIT before the end of March 2018 was 7.2 million pounds.
Currently, nearly 3 million Britons are using steam smoke. In 2017, sales of British atomized products increased by 50% to 1 billion pounds and will exceed 2 billion pounds by 2020.
"During the past 20 years, we have established Supreme as a leading manufacturer and distributor of batteries and lighting, and recently moved to the steam and smoke sector, demonstrating our ability to leverage extensive distributor and customer relationships to drive growth. "