Seeking Alpha

MissionIR's  Instablog

MissionIR
Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
MissionIR
My blog:
MissionIR Blog
  • Central European Distribution Corp. (CEDC) Signs Agreement With Gallo Vineyards 0 comments
    Mar 21, 2012 5:31 PM | about stocks: CEDC

    Central European Distribution is Central and Eastern Europe's largest integrated spirit beverage company and also one of the biggest producers of vodka in the world. Moreover, the company is one of the leading importers of alcoholic beverages in Poland, Hungary, and Russia.

    The company today announced that it has signed a 3-year contract with Gallo Vineyards, Inc. (the world's largest winery) for exclusive distribution of wines from Gallo Vineyards in Poland. CEDC will continue to distribute the leading wine brand - Carlo Rossi - in the Polish market, as well as other brands from the Gallo portfolio of wines, including Barefoot wine.

    Central European Distribution is the leader in Poland's table wine market with over a 13 percent share in terms of value. The Carlo Rossi brand, which was launched by CEDC in Poland, has been the wine market leader in the country in terms of value for the past five years. It alone has been a key contributor to the growth of the wine market in Poland among consumers. CEDC also distributes the Carlo Rossi wines in Russia where it is seeing strong growth in its second year of distribution.

    The company has successfully partnered with Gallo Vineyards for the past nine years around the globe. Poland is just the latest example of their successful partnership with, the two companies hope, Russia to follow.

    For additional information about Central European Distribution, please visit the company's website at www.cedc.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: CEDC
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.