The Aristocrat Group Corp. (OTCQB:ASCC), a growing developer of innovative distilled spirits brands, announced today that it entered into a letter of intent to acquire or partner with an international beverage alcohol company.
Famous Brands, LLC, is a Texas-based firm with a portfolio of 17 distilled spirits brands, including two domestic vodka brands. The company owns some brands and represents others. Famous Brands is responsible for national and international marketing and distribution of these spirits and brings to the table a strong network of retail contacts in the distilled spirits industry.
A potential acquisition of Famous Brands would significantly increase ASCC’s revenues. Under the terms of the LOI, ASCC will have 90 days to conduct due diligence toward a potential definitive agreement with the company.
“Famous Brands could potentially give us a big boost in revenues and industry access, in addition to filling out our brands roster significantly,” said ASCC CEO Robert Federowicz. “Our due diligence process will begin immediately.”
International expansion will be a top priority for ASCC in 2016. In November, the company fulfilled its first order from outside the United States, placing bottles of its Ultra-Premium Handcrafted RWB Vodka on store shelves in Canada for the first time. Now, the company is gearing up to process much more new business.
To learn more about RWB Ultra-Premium Handcrafted Vodka, please visit www.rwbvodka.com.
About the Aristocrat Group Corp.
The Aristocrat Group Corp. (ASCC) identifies and promotes unique brands that have mass market appeal across diverse demographics. ASCC’s brand management includes premium luxury goods, including top-shelf distilled spirits like RWB Vodka. The Company targeted the growing market for quality domestic spirits in order to deliver maximum returns to its shareholders. ASCC, which hopes to capitalize on unprecedented new brand-building opportunities, is working to build a portfolio of successful brands to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (OTCBB: LVMUY), Diageo PLC (NYSE: DEO), and Brown-Forman Corp. (NYSE: BF-B).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupcorp.com/investors.
For more information about RWB Vodka, visit www.rwbvodka.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Robert Federowicz, 702-761-6866
President and CEO