News

USA: Central European Distribution Corporation Receives Exclusive Distribution Rights In Poland For Beck's Pilsner

Most popular

Stoli Group’s AC/DC Thunderstruck Tequila- Comment

As Irish whiskey comes of age, so do its problems

Interview - Mark Sandys, Diageo's head of beer

Why future for low-cal soft drinks looks brighter

MORE

Central European Distribution Corporation (Nasdaq: CEDC), today announced it had secured exclusive distribution rights in Poland for Beck's Pilsner, Germany's number one export beer, from Brauerei Beck and Company of Bremen, Germany.Beck's Pilsner, which was introduced in 1878, brews 4.2 million hectoliters annually, of which 2.6 million are for export, and is sold in 120 countries worldwide. Poland is considered one of the most important developing markets for Beck's Pilsner.William Carey, Chairman and CEO commented, "We are very excited about receiving the exclusive rights for Beck's Pilsner to add to our portfolio of international beer brands. With the imported beer market in Poland growing at approximately 25%, one of the fastest in the world, we see great potential in the Beck's brand, which we expect to sell in excess of 100,000 cases in the first year."CEDC is the leading importer of beer, wine and spirits, as well as the largest distributor of domestic vodka on a nationwide basis in Poland, a four billion-dollar market at the retail level in 1998. The Company operates sixteen regional distribution centers in major urban areas throughout Poland, one of Europe's fastest-growing economies, from which it distributes many of the world's leading brands, including brands such as Johnnie Walker Scotch, Stock Brandy, Sutter Home and Mondavi wine, Miller Genuine Draft, Corona, Foster's, Budweiser Budvar and Guinness beer.Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties that are detailed from time to time in the Company's Security and Exchange Commission reports.For further information please contact Jeffrey Peterson, Executive Vice- President, at 941-330-1558, or visit our Web site, at


Related Content

"We are in the beer business, we're not in the banker business" - Interview, Sapporo Holdings presid...

Sapporo Holdings chases standalone Pilsner Urquell deal with Anheuser-Busch InBev - just-drinks EXCLUSIVE

Sapporo Holdings chases standalone Pilsner Urquell deal with Anheuser-Busch InBev - just-drinks EXCL...

SABMiller in Central & Eastern Europe - What is up for sale? - The Facts

SABMiller in Central & Eastern Europe - What is up for sale? - The Facts...

Scale or Stale - M&A options for craft brewers looking to grow their business - Industry Comment

Scale or Stale - M&A options for craft brewers looking to grow their business - Industry Comment...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?