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Tag Archive: CEDC

News Briefs for February 26, 2013

•Napa-based Crimson Wine Group has officially spun off from New York investment firm Leucadia National Corporation. Continue reading →

Posted in News on February 26, 2013

News Briefs for January 22, 2013

Beam Inc. has sold a number of value brands to Luxco Inc., including Wolfschmidt vodka, Calvert (Lord Calvert Canadian, Calvert Extra and gin), Bellows (blended whiskey, Bourbon, gin, rum, Scotch and vodka), Dark Eyes vodka, Canada House Canadian and Tempo Triple Sec. Continue reading →

Posted in News on January 22, 2013

News Briefs for January 16, 2013

•Moët Hennessy-owned Glenmorangie has unveiled the fourth limited edition release—Ealanta—in its Private Edition range. Continue reading →

Posted in News on January 16, 2013

Tariko To Take Control Of CEDC, In Exchange For $65 Million In Funding

Roustam Tariko, who has been engaged in a war of words with Central European Distribution Corp.’s board of directors over the past few months, is assuming operational control of the company in exchange for up to $65 million in funding. Continue reading →

Posted in News on January 2, 2013

News Briefs for November 26, 2012

•Vodka giant Central European Distribution Corp. (CEDC) continues to face pushback from top shareholders as it seeks to revamp its operations and relieve its debt burden. Continue reading →

Posted in News on November 26, 2012

CEDC Sees Improvement, But Russian Standard Alliance On The Rocks

Central European Distribution Corp. (CEDC) saw net sales increase 1% organically to $191 million in the three months through September, and achieved net income of $35.8 million, reversing an $849 million loss from the same period last year. Continue reading →

Posted in News on November 19, 2012

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