US: Southern Wine & Spirits of America deepens Treasury Wine Estates link-up

By | 1 March 2013

Southern works with TWE in 18 markets

Southern works with TWE in 18 markets

Southern Wine & Spirits of America and Treasury Wine Estates (TWE) have extended their US distribution partnership to Colorado and Indiana.

The new agreements, effective from today (1 March), bring the number of US markets Southern and TWE cooperate in to 18, the two companies said yesterday. They announced deals covering Washington and Oregon in July, and Montana, Utah and Wyoming in May, the companies said.

“With these most recent appointments, Southern now proudly handles a significant portion of TWE’s national volume,” Brad Vassar, Southern’s executive VP & GM, said.

In first half results, announced yesterday, TWE posted a fall in net profits and sales. However, its share price rose markedly following the results.

Expert analysis

Treasury Wine Estates Ltd in Wine (World)

Treasury Wine Estates became an independent company following the demerger of Foster’s Group’s wine and beer unit in 2011. Due to challenging conditions in the company’s key markets in North America, Western Europe and Australasia, it has restructured its business, switched its focus from volume to value generation, and is committed to further expansion to fast-growing markets, particularly in Asia Pacific. This profile examines how the company can enhance its growth prospects going forward.

Sectors: Spirits, Wine

Companies: Treasury Wine Estates

View next/previous articles

Currently reading -

US: Southern Wine & Spirits of America deepens Treasury Wine Estates link-up

There are currently no comments on this article

Be the first to comment on this article

Related research

Southern Wine & Spirits of America, Inc.: Consumer Packaged Goods - Company Profile & SWOT Report

Canadean's "Southern Wine & Spirits of America, Inc.: Consumer Packaged Goods - Company Profile & SWOT Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major prod...

Related articles

AUS/US: Treasury Wine Estates writedown "frustrating" - regional head

Treasury Wine Estate's costly inventory writedown in the US is "frustrating", a regional head of the company has admitted to just-drinks.

just the Round-Up - The week in drinks

The top ten stories published on just-drinks this week:

just For Subscribers - The week in drinks

Here are the ten most viewed, subscriber-only items on just-drinks this week:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page