Advantage Solutions And L.A. Libations Form Joint Venture, Creating A National Retail Solution To Accelerate And Scale Emerging Brands
Portfolio Pulse from Benzinga Newsdesk
Advantage Solutions Inc. (NASDAQ:ADV) and L.A. Libations have announced a joint venture to provide national retail solutions for emerging consumer packaged goods and beverage brands.
June 11, 2024 | 1:06 pm
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Advantage Solutions Inc. (NASDAQ:ADV) has entered into a joint venture with L.A. Libations to provide national retail solutions for emerging consumer packaged goods and beverage brands.
The joint venture with L.A. Libations is likely to enhance Advantage Solutions' market position by leveraging its suite of services to scale emerging brands. This partnership could lead to increased revenue and market share, positively impacting ADV's stock price in the short term.
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