Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Diageo Signs New Distribution Agreements And New Brokerage Agreement With The Charmer Sunbelt Group

Stock quotes in this article: DEO 

NORWALK, Conn. and NEW YORK, Jan. 10, 2013 /PRNewswire/ -- Diageo, the world's leading spirits, wine and beer company, and The Charmer Sunbelt Group today announced that they have entered into new agreements for Arizona, Colorado, Delaware, Maryland, New York, South Carolina, and the District of Columbia.

Under these agreements, The Charmer Sunbelt Group will continue as the exclusive distributor for the Diageo portfolio of wines and spirits in these states.  The Charmer Sunbelt Group will also continue as the exclusive broker for Diageo wines and spirits in Montgomery County, Maryland.

"We are pleased to renew our relationship with Charmer in these markets. Diageo will continue to evolve our route to market strategy based on having the best leadership, capabilities and most importantly performance.  We look forward to working with them to achieve future success," said Jeff Ivey, Senior Vice President, Commercial Strategy, Diageo North America.

Greg Baird, COO of The Charmer Sunbelt Group remarked: "We are very proud to continue our successful and longstanding relationship with Diageo North America. Their commitment to brand investment in partnership with our commitment to market, organization, and people investment will sustain superior performance. It is a privilege to represent their portfolio."

Diageo began the second phase of its transformational route to market strategy for its spirits and wine brands in the U.S. in 2010 and this represents the continuation of that strategy. 

About The Charmer Sunbelt Group

The Charmer Sunbelt Group (CSG) is one of the nation's leading distributors of fine wines and spirits.  A group of privately held companies, CSG operates local distributor and/or brokerage houses in 13 markets: Arizona, Colorado, Connecticut, Delaware, Florida, Maryland, New Jersey, New York (Metro and Upstate), Pennsylvania, South Carolina, Virginia, and the District of Columbia.  Together, these companies employ more than 7,000 associates who bring to market some of the most valuable and well-known consumer brands in the world.  CSG is a family-owned business that proudly serves as the critical link between wine and spirit suppliers, and the retail outlets where alcoholic beverage brands are legally and responsibly sold and enjoyed.  For more information about CSG, please visit www.charmer-sunbelt.com.

About Diageo

Diageo (Dee-AH-Gee-O) is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, beer and wine. These brands include Johnnie Walker, Crown Royal, JεB, Windsor, Buchanan's and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Jose Cuervo, Tanqueray, Guinness, Beaulieu Vineyard and Sterling Vineyards Wines.

Diageo is a global company, with its products sold in more than 180 countries around the world. The company is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, its people, brands, and performance, visit us at Diageo.com. For our global resource that promotes responsible drinking through the sharing of best practice tools, information and initiatives, visit DRINKiQ.com.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,294.50 -12.67 -0.08%
NASDAQ 3,459.42 -3.88 -0.11%
S&P 500 1,650.51 -4.84 -0.29%
US 10 Yr 2.023% -0.003

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs