The Artisanal Spirits Company plc (AIM:ART) acquired Australian franchise for £0.5 million on February 28, 2021. Out of total consideration paid, the acquired customer database was fair valued at £0.03 million and the historic holiday pay accrual in the Australian franchise of £19,985 was assumed, resulting in goodwill of £40,923. The Artisanal Spirits Company plc (AIM:ART) acquired Australian franchise on February 28, 2021.