Le Lézard
Classified in: Business
Subjects: TNM, ACC

Amber Beverage Group and Think Spirits Complete Groundbreaking Deal


RIGA, Latvia, May 21, 2018 /PRNewswire/ --

Today, Amber Beverage Group announced that it has completed the acquisition of a majority stake in Think Spirits, the number one brand-building distributor in Australia. 

Seymour Ferreira, CEO of Amber Beverage Group (ABG) said that the acquisition was a significant milestone reflecting ABG's determination to become a truly global company. "We, at ABG, are excited by the prospect of establishing a firm foundation in the important Australian and Asian markets and look forward to having Patrick and his exceptional team join us on our journey," commented Ferreira.

     (Logo: https://mma.prnewswire.com/media/640947/Amber_Beverage_Group_Logo.jpg )

     (Logo: https://mma.prnewswire.com/media/682936/Think_Spirits_Logo.jpg )

Patrick Borg, Founder and Managing Director of Thinks Spirits, expressed his excitement at the prospect of becoming part of ABG and further building upon the successful model he has built in Australia. According to Borg, "This is a big next step for Think Spirits and the team. We are all looking forward to bigger and better things."

Think Spirits was founded in 2004 by Patrick Borg. The company is based in Sydney, Australia and has established itself as one of the leading independent distributors of premium spirit brands through its innovative approach to on premises and consumer marketing.

Amber Beverage Group (ABG)  is a leading producer, distributor, logistics provider and retailer of beverages. It operates internationally from its head office in Luxembourg and through its production and distribution companies in Russia, Mexico, the UK, Australia and the Baltics, its historical home.

ABG produces, bottles, markets, distributes, exports or retails a comprehensive range of beverages of more than 600 own and third party brands.  It has an own brand portfolio of over 130 brands, and exports its global brands as Riga Black Balsam, Moskovskaya Vodka, Rooster Rojo Tequila and Cosmopolitan Diva to over 70 active global markets. ABG is a leading project developer and producer for many market leading private label beverages across most categories, in over 20 markets.

http://www.amberbev.com  


These press releases may also interest you

at 17:15
Prosper Canada, a national charity dedicated to expanding economic opportunity for Canadians living in poverty, praised the Government of Canada's 2024 federal budget commitment to invest $60 million over the next 5 years to expand free,...

at 17:12
SEICon, a first-of-its-kind Sports, Entertainment & Innovation Conference, is thrilled to announce that ON, a leading AI chat platform, has joined as a sponsor for the inaugural event July 15-17 at the Virgin Hotels Las Vegas. Visit the SEICon...

at 17:12
U-Haul® broke ground last week on a new retail, moving and self-storage facility at 3500 Powder House Road. U-Haul Moving & Storage...

at 17:11
M&T Bank Corporation ("M&T") announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"). The dividend will be payable...

at 17:10
Eversource Energy will webcast a conference call with financial analysts on Thursday, May 2, 2024, beginning at 9 a.m. Eastern Time, at which senior management will review the company's financial performance through the first quarter of 2024. This...

at 17:06
Trading resumes in: Company: Pulse Oil Corp. TSX-Venture Symbol: PUL All Issues: Yes Resumption (ET): 8:00 AM 4/17/2024 CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading...



News published on and distributed by: