UK - Smedvig Capital leads £4m investment in new drinks brand
Smedvig Capital has led an investment of ТЃ4m in new drinks brand SUSO Drinks Ltd.
SUSO, whose chairman Harry Drnec is the former managing driector of Red Bull, is a new entrant in the £2bn UK carbonated drinks market. The company has produced a carbonated soft drink made form 100% fruit juices - the first of its kind in the UK. Aimed at the UK youth and young adult market, the drink offers one of the recommended 5-a-day fruit portions and is therefore well-positioned to take advantage of the shift in consumption towards fruit and healthy drinks.
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