FDBusiness.com

Diageo and Stock Spirits Form Partnership in Czech Republic

 Breaking News
  • Arla Foods Acquires Middle East and Africa Kraft Branded Cheese Business From Mondeléz International European dairy co-operative Arla Foods has reached an agreement with US-based international confectionery, food, and beverage company Mondeléz International to acquire its processed cheese business in the Middle East region, which is currently licensed under the Kraft brand. The acquisition also gives Arla full ownership of a state-of-the-art cheese production site in Bahrain, which provides [...]...
  • UK Grocery Market Growth Cools as Christmas Nears Despite retailers and shoppers getting into the festive spirit, the latest grocery market share figures from Kantar Worldpanel, for the 12 weeks to 2 December 2018, show the sector is now growing at 2.0% – its slowest rate since March 2017. Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, comments: “Consumers are benefiting [...]...
  • Cleveland Clinic Studies Reveal Role of Red Meat in Gut Bacteria, Heart Disease Development In concurrent studies, Cleveland Clinic researchers have uncovered new mechanisms that demonstrate why and how regularly eating red meat can increase the risk of heart disease, and the role gut bacteria play in that process. The research, led by Stanley Hazen, M.D., Ph.D., builds upon previous work showing TMAO (trimethylamine N-oxide) – a gut bacteria [...]...
  • The Complete Package at Contract Pack 2019 Packaging Innovations 2019 is set to welcome back Contract Pack for the twelfth-year at Birmingham’s NEC on 27 & 28 February 2019. Supported by the British Contract Manufacturers and Packers Association (BCMPA), the Contract Pack 2019 zone will host 20 BCMPA accredited exhibitors, offering an unrivaled opportunity for brand owners and manufacturers to meet potential [...]...
  • Müller Completes Largest Single Investment in Scottish Dairy Processing in a Decade Müller Milk & Ingredients has completed a £15 million project to substantially upgrade Scotland’s largest fresh milk dairy in Bellshill and secure 265 jobs. The project represents the largest single investment in Scottish dairy processing for more than a decade. It gives Müller’s Bellshill dairy the capacity to process more than 370 million litres of fresh [...]...

Diageo and Stock Spirits Form Partnership in Czech Republic

Diageo and Stock Spirits Form Partnership in Czech Republic
November 18
10:33 2013

Diageo and Stock Spirits Group, a leading Central and Eastern Europe branded spirits and liqueurs business, have announced an agreement for the future distribution of Diageo’s portfolio of premium brands in the Czech Republic. This agreement is effective from January 19, 2014.

As part of the agreement, Stock Spirits Group will be the exclusive distributor within the Czech Republic of an important part of Diageo’s portfolio of brands, including Johnnie Walker and J&B whiskies, Smirnoff vodka, Captain Morgan and Baileys Irish Cream. 

Stephen Morley, managing director Russia and Eastern Europe at Diageo, says: “Diageo has a strong and growing presence in developing markets around the world, with great opportunities for faster growth, and certainly the Czech Republic and this new partnership will play an important role in realizing these ambitions.”

The ‘Reserve’ portfolio of Diageo luxury brands will continue to be distributed by its current partner Ultra Premium Brands.

Chris Heath, chief executive of Stock Spirits, comments: “We are very pleased that a highly respected business like Diageo recognises the strength of our distribution platform in the Czech Republic and we are delighted to be working in one of our core markets with more premium brands. This will complement our existing strong portfolio and enable us to offer an even better range of premium products to our customers.”

Stock holds the market leadership positions in spirits in both Poland and the Czech Republic, where it has invested in what is believed to be state-of-the-art production facilities, and is one of the world’s leading vodka producers. This includes having the number one leading vodka brands in Poland,Italy and the Czech Republic. Core Stock brands include products made to long-established recipes such as Stock brandy, Fernet Stock bitters and Limonce, as well as more recent creations like Stock Prestige and Czysta de Luxe vodkas.

Stock was created through the integration of Eckes & Stock and Polmos Lublin in 2008 and recently floated on the main market of the London Stock Exchange. Global sales volumes currently total over 140 million litres per year.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements