Search Results for: Stolichnaya
News Briefs for April 8, 2013
•Central European Distribution Corp. (CEDC) is moving forward with a pre-packaged bankruptcy that will see it eliminate $665.2 million from its balance sheet. Continue reading →
Posted in News on April 8, 2013SPI, Partners Considering Counterbid To Tariko’s Offer For CEDC
Days after troubled vodka producer Central European Distribution Corp. endorsed a restructuring of its business to be led by Russian Standard chairman Roustam Tariko, Shanken News Daily has learned that Stolichnaya owner SPI Group is contemplating its own offer for CEDC, as part of a consortium that also includes Russia’s Alfa Group and CEDC shareholder Mark Kaufman. Continue reading →
Posted in News on March 15, 2013News Briefs for March 11, 2013
•Fueled by its increasing emphasis on emerging markets, Diageo has announced plans to refocus its global supply and procurement operations. Continue reading →
Posted in News on March 11, 2013News Briefs for March 5, 2013
•Stolichnaya parent company SPI Group is reportedly eyeing a takeover of Poland’s debt-ridden Central European Distribution Group (CEDC). Continue reading →
Posted in News on March 5, 2013Exclusive: Esposito Tapped As President Of Stoli’s U.S. Operations
Former Bacardi USA president John Esposito has been tapped to run Stolichnaya vodka’s U.S. operations, effective Monday. Continue reading →
Posted in News on January 24, 2013News Briefs for January 15, 2013
•The partners behind the struggling Qream liqueur brand may soon be tussling in court. Continue reading →
Posted in News on January 15, 2013
