Encore Brands Secures Multi Year Brand Development and Distribution Agreement With Largest Independent Brewer in Mexico
31 Januar 2011 - 10:15PM
Marketwired
Encore Brands, Inc. and Cermex, SA have entered into a long-term
development agreement to create and brew private label brands for
Encore. The agreement has a multi-million dollar value over an
initial three year term consisting of a distinct line of beers for
distribution through Encore Brands' worldwide network. With
Cermex's commitment to management and its ability to deliver Encore
a complete line of premium imported beers, the company will be able
to maintain its focus on marketing and sales.
Cermex, with its long history of developing and brewing premium
private label beers for large retail and independent distributors,
gives Encore the ability to control production costs, achieve rapid
brand development of quality products and deliver competitive price
points.
Leonard Moreno, Director of Operations at Cermex, stated, "We
were impressed with the years of industry experience their
management possesses and a get it done attitude, coupled with their
attention to detail and knowledge of market trends in the global
beverage arena, we feel extremely comfortable taking a long-term
position in Encore Brands and this should provide improvement in
our near term results."
"We are very excited about signing this agreement with Cermex,
as we take another step in executing our plan of building a
portfolio of premium beverage brands. Furthermore, this allows
Encore Brands to hit the ground running in one of the strongest
segments of the industry, the $10 billion dollar per year Import
Beer market. We look forward to working with everyone at Cermex,"
said Gareth West, CEO of Encore Brands.
About Encore Brands, Inc.
Encore Brands, Inc. (OTCBB: ENCB) is a Nevada Corp with offices
in Santa Monica, California. The company was founded with the
desire to create and acquire unique beverage brands. By leveraging
a network of distributors and sales people, Encore Brands is
developing its beverage portfolio including the unique 70 proof
pomegranate spirit Ecstasy Brand Liqueur. www.encorebrands.com
About Cermex SA
Cermex, SA is located in Tecate, Mexico and exports around the
world. In the U.S. and Canada its brands can be found at Retailers
like Bev-Mo, Trader Joe's as well as a number of fine restaurants.
Cermex, SA also produces Chili Beer and Red Pig Ale. Cermex, SA's
flagship brand "Mexicali" has a history of excellence, utilizing
it's nearly century old formulation (since 1923) worthy of the
great brew masters. www.mexicalibeer.com
Add to Digg Bookmark with del.icio.us Add to Newsvine
Ross Silver Email Contact 877.215.4813
Encore Brands (GM) (USOTC:ENCB)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Encore Brands (GM) (USOTC:ENCB)
Historical Stock Chart
Von Jun 2023 bis Jun 2024