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MRIB Marani Brands Inc (CE)

0.000001
0.00 (0.00%)
31 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marani Brands Inc (CE) USOTC:MRIB OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Marani Brands to Partner with Wein-Bauer, Inc.

11/03/2009 10:00am

Business Wire


Marani Brands (CE) (USOTC:MRIB)
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Marani Brands, Inc. (OTCBB:MRIB) continues its expansion efforts by partnering with Wein-Bauer, Inc. and Wein-Bauer Distribution in Illinois.

Wein-Bauer, Inc. is a wine and spirits importer that has a distribution network that extends throughout the United States. In 1988, when Mr. Bauer saw a need for a specialized distribution company to handle his own wines as well as those from carefully selected domestic wineries, he opened Wein-Bauer Distribution. Manfred Bauer has since been executing on the potential to fill a market niche in the United States through the importation of fine European wines, spirits and beers.

Through Wein-Bauer’s network, Marani will be working closely to expand its distribution. The potential for Marani’s expansion now stretches to the 48 states including 2,500 accounts on-premise and off-premise locations in Illinois where Wein-Bauer currently distributes its products.

“We at Wein-Bauer are very excited about this marketing arrangement. Marani Brands, with their vision for the future and willingness to invest in building their brand, will be a great addition to our portfolio and also help to strengthen our position in the many markets we serve. In economic times like these it is more important than ever to partner with your distributors and retailers in order to help them profit from your brands,” said Manfred Bauer, Wein-Bauer’s Chief Executive Officer.

With Wein-Bauer as one of the leading wine importers in the Central U.S., this relationship should be of great benefit to both companies in their drive to capture market share. To date Marani has distribution at national retail chains and liquor stores and has accounted for placement in over 1,500 off-premise locations and over 900 premium on-premise venues.

“We are proud to extend our relationship with our dedicated and experienced partners from Wein-Bauer, Inc. and Wein-Bauer Distribution. We are very much looking forward to the brand building opportunities that such a strong distributor like Wein-Bauer offers,” said company CEO Ara Zartarian.

About Marani Brands, Inc.

Marani Brands, Inc. develops, positions, markets and distributes fine wine and spirit products in the United States. Its signature product, “Marani Vodka,” is an ultra-premium vodka manufactured exclusively for Marani in Armenia. It is made from late-harvest Armenian winter wheat, distilled three times, filtered twenty-five times and then, through a proprietary process, is aged in oak barrels lined with honey and skimmed dried milk to give it its unique taste. Marani Vodka was awarded the Gold Medal in the prestigious World Spirit Competition, held in San Francisco, California, in both 2004 and 2007 and the coveted Five Star Diamond Award by the American Academy of Hospitality Sciences in 2008. Please enjoy Marani brands responsibly and in moderation.

Forward-looking Statements

Certain statements made in this press release contain forward-looking statements that involve a number of risks and uncertainties. This forward-looking information is based on certain assumptions, including, among others, presently known physical data concerning size and character of reservoirs and economic recoverability. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, operations involve numerous risks and uncertainties, many of which are beyond Marani Brands’ control, which could result in expectations not be realized or otherwise materially affect the financial condition, results of operation and cash flows. Additional information regarding these and other risks are contained in Marani Brands’ filings with the Securities and Exchange Commission.

For more information on Marani Brands: http://www.maranispirit.com

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