USA: Cuidao Holding Corp. Expands Into Gin and Vodka Markets
Robert Walker, managing director of R&R (Bordeaux) Imports, Inc., a wholly owned subsidiary of Cuidao Holding Corporation, sees the product line expansion as an excellent opportunity to diversify and increase the company's profit base.
Within the next 90 days, the Company will begin importing and distributing vodka, gin and F.X. de Beukelaers premium flavored fruit vodkas including, Melon & Vodka, Lemon & Vodka, Apple & Vodka, and Peach & Vodka. Next year, the Company will add Pear & Vodka and Strawberry & Vodka to the product mix.
"Expanding our product line to include vodka is a natural move. We've seen steady growth with our wine and beer lines. We know how to market and distribute alcoholic beverages so it makes sense to apply that knowledge with other spirits," Walker stated.
According to the Southern Beverage Journal, from 1995 to 1997 sales of flavored vodka increased 13.2 percent. Cuidao's new line is produced with all natural fruit and premium ingredients from Belgium.
"We decided to aggressively enter the vodka category after watching its sales and expansion rise once again in the last year. With a 24.2 percent share of the spirits category in the US, we're eager to introduce these new products ... they make a welcome addition to our portfolio," Walker concluded.
Cuidao Holding Corp. imports, develops, manages and distributes a portfolio of international and regional brands of beer, wine and spirits. The Company currently participates in specific niche segments of the approximately $100 billion US alcoholic beverage market.
Cuidao Holding Corporation is a client of Internet Stock Market Resources Inc. (www.internetstockmarket.com).
This press release contains "forward-looking statements" within the meaning of Section 27A of the 1993 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) the availability of financing at favorable terms, and (4) other factors detailed in the company's public filings with the SEC.
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