ASCC Targets Explosive $10 Billion Craft Beer Segment
MIRAMAR BEACH, Fla.--(BUSINESS WIRE)-- With the Aristocrat Group Corp. (OTCBB: ASCC) poised to begin distributing the first two in a line of distilled spirit brands, the company announced today that it is also targeting potential partnerships and opportunities in the explosive craft beer market in the U.S.
Craft brewing has enjoyed an incredible run of success in the last five years, growing in production from 8.5 million barrels in 2008 to 13.2 million in 2012. Craft beer's share of the $99 billion U.S. beer market increased to $10.2 billion last year, up from $8.7 billion in 2011.
In order to capture a share of that growth, ASCC is looking to partner up with established craft brewers looking to maximize their penetration in the U.S. marketplace. The company plans to add top-shelf craft brews to its forthcoming distribution deal in Texas as well as other top markets around the country.
"Texas is at the top of the list in the total number of beer drinkers as well as beer volume consumed annually," said ASCC CEO Robert Federowicz. "We think the state's potential for growth in the craft beer segment is nearly unlimited. All we need is the right partner to capitalize on the explosion in interest in smaller brewers."
Craft beer is only one facet of ASCC's aggressive beverage distribution strategy. The company is working to build a stable of successful brands in order to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (NYS: LVMUY) , Diageo PLC (NYS: DEO) , BEAM Inc. (NYS: BEAM) and Brown-Forman Corp. (NYS: BF.B) . By handling its own distribution business, ASCC hopes to capitalize on unprecedented new brand building opportunities through its brand management division, Luxuria Brands.
About the Aristocrat Group Corp.
Through its brand management division, Luxuria Brands, the Aristocrat Group Corp. is on the path to becoming a provider of premier luxury goods, including top-shelf distilled spirits. The company targeted the growing market for quality domestic liquor in order to deliver maximum returns to our shareholders.
The Aristocrat Group Corp. is also exploring smart growth initiatives to position itself as the premier resource for women's lifestyle products and services, including motherhood resources. For more information, please visit www.aristocratgroupcorp.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
The Aristocrat Group Corp.
Robert Federowicz, 850-269-6801
President and CEO
KEYWORDS: United States North America Florida
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