Drinks Americas Holdings, Ltd. (DKAM.OB) Announces Partnership with Minority Owned Distributor Meridian Street Beverage

In the company’s news yesterday,

Drinks Americas Holdings, Ltd. announced that it has partnered with Meridian Street Beverage, a distributor of luxury spirits that specializes in distribution in urban liquor markets. The distributor has already begun selling the company’s products in Chicago. Under the terms of the agreement, the company expects to expand its relationship with Meridian in various key urban markets.

Patrick Kenny, Chairman and CEO of Drinks Americas, stated, “Drinks is very happy with the relationship we have formed and the business that will result from distribution through Meridian Street Beverage, a distributor of luxury wine and spirit products that very effectively reaches a core audience for many of our products. The professional approach that Meridian has demonstrated in reaching this market will result in incremental sales over the long term. We think this is a key strategic partnership for Drinks Americas. We have seen immediate sales results with an increase in our business in the Chicago market from the moment we began to ship product to Meridian Street Beverage.”

Jerry Lacy, President of Meridian Street Beverage, commented, “Our vision is to be recognized by our customers as a superior distributor of quality beverages in all regions where we conduct business. It is our objective to tailor our distribution efforts to the specific nuances of the urban demographical environment.”

Lacy added, “With a strong background in the music arena, Meridian’s understanding of the cultural connection between music and spirit consumption made the partnership with Drinks Americas a natural fit. MSB will handle the distribution of Drinks’ brands in several key urban markets across the country. The flagship of this endeavor will commence with Trump Vodka and Leyrat Cognac, among others.”

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