Osborne Invests S$5 Million in Octopus, Appointed as Exclusive Distributor in Singapore

NewTimeSpace News, April 13,Spanish wine and spirits producer Osborne has announced the appointment of Singapore-listed Octopus as its principal distributor in Singapore under a five-year mandate. Osborne will also subscribe to S$5 million in new Octopus shares, acquiring a 6.40% equity stake.

NewTimeSpace News: April 13, 2026,Osborne announced the appointment of Singapore-listed Octopus as its principal distributor in Singapore under a five-year agreement, renewable for successive three-year periods. At the same time, Osborne will subscribe to new Octopus shares at S$0.0680 per share, representing a total investment of S$5 million and a 6.40% equity stake.

According to the announcement, Octopus will manage Osborne's distribution value chain in Singapore across retail, on-trade and e-commerce channels, as well as marketing and brand positioning. The two parties will also jointly develop wines and spirits tailored for Asian palates, with economic benefits from co-developed products to be shared equally.

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