Tag Archive: Roust Corp.
Despite Debt Overhaul, Roust Sees U.S. Fortunes Rising
While it has made headlines recently for a prepackaged debt overhaul related to its 2013 acquisition of financially-troubled Central European Distributing Co. (CEDC), Russia’s Roust Corp. has been making solid progress in the U.S. with its core Russian Standard brand, defying difficult trends in the imported vodka category. Continue reading →
Posted in News on January 6, 2017News Briefs for January 4, 2017
•Roust Corp., the world’s eighth-largest spirits marketer by volume, is seeking Chapter 11 bankruptcy protection in the Southern District of New York as it looks to reorganize debts of $1.14 billion, reports Law360.
