Is this the next drinks superstar to follow in the footsteps of Fevertree Drinks?
We commented in a previous Blog how the Beverages sector has compelling investment attractions, which is well illustrated by the meteoric growth of AIM’s Fevertree Drinks, a business that has really captured investor’s attention over the past year. However, Fevertree’s rise is nothing compared to another high flying drinks business which we mention below. So where will the next beverage superstar come from? We have come across another micro-cap that could offer plenty of excitement for investors.
Fevertree Drinks PLC (AIM:FEVR), which claims to be the world’s leading supplier of premium carbonated mixers for alcoholic spirits, arrived on AIM in November 2014 at a price of 134p and market capitalisation of £154m. In a matter of 18 months the share price has risen over 4x with the market capitalisation currently a whopping £690m, having been just short of £800m at the beginning of February 2016. Based in the UK, the brand was only launched in 2005 by Charles Rolls and Tim Warrillow to provide high quality, natural mixers which could accompany the growing demand for premium spirits.…