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Tag Archive: CEDC

Russian Standard Completes CEDC Deal, Launches Green Mark And Adds Zubrowka In U.S.

After months of talks, Russian Standard has formally acquired former rival vodka producer Central European Distribution Corp. (CEDC). Continue reading →

Posted in News on June 6, 2013

News Briefs for May 14, 2013

Trinchero Family Estates has partnered with South Australia’s Angove Family Winemakers to debut the first vintage of Dr. Angove, a new red blend. Continue reading →

Posted in News on May 14, 2013

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, 2013

News Briefs for March 29, 2013

•An SPI-led consortium has dropped out of the bidding for debt-plagued Central European Distribution Corp. (CEDC), essentially clearing a path for Roustam Tariko’s debt-reduction plan—under which the Russian mogul would acquire an 85% stake in CEDC. Continue reading →

Posted in News on March 29, 2013

SPI, 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, 2013

News 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, 2013

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