Comment - CEDC's Parliament buy
The US-based Eastern European drinks group CEDC has continued its rapid expansion with the acquisition of Russian vodka brand Parliament. While some observers have questioned the move, Patience Gould believes the acquisition will give CEDC the infrastructure to build its business in Russia, allowing it to replicate the successful business model it has employed in Poland.
Pot of Gould – Parliamentary questions
20 July 2007
The US-based Eastern European drinks group CEDC has continued its rapid expansion with the acquisition of Russian vodka brand Parliament. While some observers have questioned the move, Patience Gould believes the acquisition will give CEDC the infrastructure to build its business in Russia, allowing it to replicate the successful business model it has employed in Poland.
US: CEDC lines up Parliament Vodka acquisition
17 July 2007
Central European Distribution Corporation is set to buy a majority stake in the owner of the top selling premium vodka brand in Russia.
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