LAS VEGAS, NV / ACCESSWIRE / April 20, 2016 / The Aristocrat Group Corp. (OTCQB: ASCC) announced today that it continues to conduct due diligence toward a potential acquisition or partnership with Famous Brands, LLC, an international beverage alcohol company.
ASCC signed a letter of intent to acquire Famous Brands last December. The potential acquisition of Famous Brands would immediately and significantly boost ASCC’s revenues. The Texas-based firm maintains a portfolio of 21 distilled spirits brands, including 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.
"We are particularly intrigued by the diversity of distilled spirits brands on offer by Famous Brands," said ASCC President Chris Less. "We are pleased to have the opportunity to work with Famous Brands and our company will continue to conduct all due diligence toward a possible deal with them."
ASCC made expansion its top priority for 2016. The company has spent the early months of the year working to boost distribution in top domestic spirits markets such as Texas and Tennessee. An acquisition of Famous Brands could potentially give the company the resources it needs to process much more new business.
For more information, please visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
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 (NASDAQ: LVMUY), Diageo PLC (NYSE: DEO), and Brown-Forman Corp. (NYSE: BF-B).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
For more information on Ultra-Premium Handcrafted RWB Vodka, please visit www.rwbvodkaco.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.
Aristocrat Group Corp.
Chris Less, 702-761-6866
SOURCE: Aristocrat Group Corp.