When there’s blood in the streets…BUY Liquor!

June 7, 2010 – Jacksonville, FL – Liquor Group Wholesale (Publicly Traded: LIQR) announced to shareholders a tentative deal for the acquisition of several key privately owned Alcohol Distribution Companies within their existing distribution network. “Part of the unique opportunity we have before us our ability to acquire private distribution operations that we already do business with in as many as 30 markets on a stock-only vesting basis…” says C. J. Eiras, CEO “…this makes our acquisition shopping list relatively easy to outline.” The remaining process includes licensing and contractual documentation however the parties have agreed in principle to the acquisitions.

In 2009, the company made two such acquisitions on a 20% per annum vesting agreement: one is a statewide Alcohol Distribution company (nka Liquor Group Illinois) the other is a statewide Alcohol Brokerage Company (nka Liquor Group Iowa). These vesting agreements have already proven to be profitable and successful; together adding roughly $3M of asset value for shareholders during their first year of operations under the Liquor Group banner.

In related news, Berkshire Hathaway (NYSE: BRK/A) recently began acquiring Alcohol Distribution companies through their McLane Unit; starting by gobbling up two mid-sized operations in the US as part of their overall acquisition strategy within the industry. “Warren Buffet just put Berkshire’s money into the acquisition of Alcohol Distribution companies, perhaps it is a good investment strategy.” says C. J. Eiras.

Liquor Group’s successful innovative approach to the liquor and wine distribution industry has been a key element in its organic growth and has proven to be a key component in the development of many mid sized, small and emerging alcohol brands. Liquor Group’s corporate model and culture now finds success with larger, better known brands creating the opportunity for expansion into additional states and markets. Liquor Group’s ideology and business model offer brands versatility, bandwidth and flexibility needed to flourish in this multi-hundred billion dollar market.