NIAGARA-ON-THE-LAKE, ON,
Nov. 7, 2017 /CNW/ - Diamond Estates
Wines & Spirits Inc. (the "Company" or "Diamond Estates")
(http://www.diamondestates.ca) (TSXV: DWS), today named
Chrisopher S. Terrio as President of
the Company's agency division, Kirkwood
Diamond Canada.
Mr. Terrio has a resumé that boasts 30 years of international
executive leadership experience, including two decades in the
beverage alcohol sector. This is the first major change made by the
Company since total ownership of Kirkwood Diamond Partnership was
assumed by Diamond Estates Wine & Spirits in May. He replaces
Gord Haist, who has retired after 30 years in the industry.
Mr. Terrio spent more than 18 years at Heineken N.V. in
the United States, Europe and Canada as well as senior executive
roles with Coca-Cola Canada and Consumer Impact Marketing.
"We see a tremendous opportunity in the beverage alcohol
business and being able to secure the experience, drive and track
record of someone like Chris is a major step in that direction,"
says Murray Souter, President and
CEO of Diamond Estates Wine & Spirits Inc. "We're in the
business of connecting global brands with consumers on a national
basis in an ever-changing retail environment and that requires the
discipline of a consumer marketer, a belief in shared success, an
understanding of channels and a global perspective. That's what
Chris brings to the role."
Prior to joining Kirkwood
Diamond, Mr. Terrio was President and Chief Executive of
CROSSMARK Canada Inc., an international Sales & Marketing
Agency that delivers integrated retail services and solutions to
food and beverage and consumer packaged goods partners, including
major brands such as Proctor & Gamble, Johnson & Johnson
and many others.
"I am extremely excited to be leading Kirkwood Diamond and returning to my beverage
alcohol roots," says Mr. Terrio. "The potential for growth and
expanded opportunities with our business partners is truly
unlimited and I am excited about the opportunity to deliver value
to both partners and shareholders. I've been fortunate to have
gained global experience working for, and with, iconic global
brands including Heineken and Coca-Cola and I believe this
knowledge will be very valuable to our current and future
partners."
Kirkwood Diamond Canada (KDC) is
a national sales and marketing agency for more than 100 Canadian
and International beverage alcohol brands and is a wholly owned
division of Diamond Estates Wine & Spirits Inc.
A sampling of brands in the KDC portfolio includes Fat Bastard
wines from France, Kaiken wines
from Argentina, Iceberg Vodka from
Canada, Charles Wells beers from
England, Hpnotiq Liqueur from
France, Anciano wines from
Spain, Josh wines from
California, Francois Lurton wines from France and Argentina, Glengoyne whiskies from
Scotland, Blue Nun wines from
Germany, Brick Brewing from Canada
(Waterloo Page 2 of 2 and Landshark), Evan
Williams Bourbon from USA,
coolers and spirits from Independent Distillers in New Zealand and many, many more.
About Diamond Estates Wines and Spirits Inc.
Diamond
Estates Wines and Spirits Inc. is a producer of high quality wines
and a sales agent for over 120 beverage alcohol brands across
Canada. The company operates two wineries in the Niagara
region of Ontario producing VQA
and blended wines under such well-known brand names as 20 Bees,
EastDell Estates, Lakeview Cellars, Dois Amigos, Dan Aykroyd, Benchmark and Seasons. Through its
subsidiary, Kirkwood Diamond Canada,
the Company is the sales agent for top selling international brands
in all regions of the country as well as being a distributor in the
western provinces. These recognizable brands include Fat
Bastard wines from France, Kaiken
wines from Argentina, Charles Wells beers from England, Hpnotiq Liqueur from France, Anciano wines from Spain, Francois
Lurton wines from France
and Argentina, Blue Nun wines from
Germany, coolers and spirits from
Independent Distillers in New
Zealand, Brick Brewing from Canada, Evan Williams Bourbon from USA, Iceberg Vodka from Canada and many
others. For further information on the company, please visit the
company's SEDAR profile at www.sedar.com.
Forward Looking Statement
This press release
contains forward-looking statements. Often, but not always,
forward-looking statements can be identified by the use of words
such as "plans", "expects" or "does not expect", "is expected",
"estimates", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of Diamond Estates Wines and Spirits Inc. to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Actual results and developments are likely to differ,
and may differ materially, from those expressed or implied by the
forward-looking statements contained in this press release.
Such forward-looking statements are based on a number of
assumptions which may prove to be incorrect, including, but not
limited to: the economy generally; consumer interest in the
services and products of the Company; financing; competition; and
anticipated and unanticipated costs. While the Company acknowledges
that subsequent events and developments may cause its views to
change, the Company specifically disclaims any obligation to update
these forward-looking statements. These forward-looking statements
should not be relied upon as representing the views of the Company
as of any date subsequent to the date of this press release.
Although the Company has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no
assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Diamond Estates Wines & Spirits Inc.