USA: Three year deal on fruit wines
An exclusive three year distribution deal has been reached between Cuidao Holding corporation, Inc, and Willow Cove Winery of Golden State Vintners.The agreement, which has renewal options, will give Cuidao's subsidiary, R&R (Bordeaux) Imports, exclusive rights to the distribution of Willow Cove's wines throughout Florida and the Caribbean islands for the next three years.Cuidao is predicting its revenue will now increase by $250,000 within the next 12 months, and under the terms of the agreement Willow Cove and R&R will jointly introduce and rollout Willow Cove's premium fruit flavoured wines - the premium fruit-flavoured category is at 15m cases a year.MD of R&R (Bordeaux) Imports, Inc. Robert Walker said: "These Californian-produced wines make a great addition to our portfolio.""We anticipate immediate acceptance of this product lines considering that it is a strong contender among the growing premium category."Cuidao Holding Corporation imports, manages, distributes and develops markets for a rapidly growing portfolio of international brands of beers, wine and spirits.
September 5, 2000