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  • The Aristocrat Group Corp. (ASCC) Rapid Growth Strategy Includes Explosive $10 Billion Craft Beer Segment 0 comments
    Jul 30, 2013 10:45 AM | about stocks: ASCC

    Today before the opening bell, the Aristocrat Group announced that it is targeting potential partnerships and opportunities in the fast-growing craft beer market in the United States. This is in addition to its plans to distribute the first two in a line of distilled spirit brands.

    Craft brewing has enjoyed an incredible run of success in the last five years, growing in production from 8.5 million barrels in 2008 to 13.2 million in 2012. Notably, craft beer's share of the $99 billion U.S. beer market increased to $10.2 billion last year, up from $8.7 billion in 2011.

    ASCC is looking to take a part in this growth by partnering up with established craft brewers looking to expand their presence in the U.S. marketplace. The company plans to add top-shelf craft brews to its forthcoming distribution deal in Texas as well as other top markets around the country.

    "Texas is at the top of the list in the total number of beer drinkers as well as beer volume consumed annually," stated ASCC CEO Robert Federowicz. "We think the state's potential for growth in the craft beer segment is nearly unlimited. All we need is the right partner to capitalize on the explosion in interest in smaller brewers."

    Craft beer is only one part of ASCC's strategic beverage distribution plan. The company is also working to build a line of successful brands in order to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (OTCPK:LVMUY), Diageo PLC (NYSE:DEO), BEAM Inc. (NYSE:BEAM) and Brown-Forman Corp. (BF-B). By handling its own distribution business, ASCC aims to capitalize on unprecedented new brand building opportunities through its brand management division, Luxuria Brands.

    For more information on the Aristocrat Group, visit www.aristocratgroupcorp.com

    Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

    Stocks: ASCC
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