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International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 20:16

Amber Beverage Group takes a strategic step into the UK market with Cellar Trends

BC, Riga, 15.05.2017.Print version
Amber Beverage Group, the largest alcohol manufacturer and distributor in the Baltics and part of SPI global group, has made its entry into the UK’s beverage market by acquiring a strategic stake in the leading UK wine and spirits distributor - Cellar Trends, ABG informed BC.

ABG (ABG) confirmed that the investment is of a strategic nature and that management and operational control of Cellar Trends will remain unchanged, under the direction of the Watts & Marriott families, the majority shareholders.  

 

Seymour Ferreira, the CEO of ABG, welcomed the new partnership as an exciting opportunity for ABG to learn more about the strategically important UK market and expand the companies’   international footprint.


Cellar Trends has extensive expertise, experience and knowledge developed over many years creating markets for many iconic and well- known brands. By joining forces and experience, we look forward to bringing new and compelling experiences to the UK and, over time, strengthening our market presence”, says Seymour Ferreira, CEO of Amber Beverages.

 

Martin Watts and David Marriott, Joint Managing Directors of Cellar Trends are excited by this alliance and the potential that it will bring to develop the company further.

“Cellar Trends, and our employees have a terrific track record in developing brands over the last 18 years, and this partnership will give us access to other product areas, and strengthen our portfolio and teams for the benefit of both existing and new brand owners. We share with the ABG team the same philosophy on ways in which  to work closely in partnership with brand owners, building their brands in the UK, to mutual advantage”, says Martin Watts, Joint Managing Director of Cellar Trends.


ABG possesses over a century of experience in production, retailing and distribution of brands such as Moskovskaya® Vodka, Riga Black Balsam® and many more. ABG has a strong and fast growing international business covering over 50 export markets operated from Riga, Latvia and Tequila, Mexico. The company unites over 1,400 employees in several companies across the Baltics and in Mexico.

 

The Cellar Trends are the UK's leading independent distributor of alcohol brands, with a portfolio boasting a wide range of leading wines, spirits, beers and associated products.

 

 






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