Drinks Americas

Drinks Americas (OTC Pink: DKAM) is a beverage distribution company based out of Wilton, Connecticut. Drinks Americas Holdings, Ltd., develops, owns, markets, and internationally distributes alcoholic and non-alcoholic beverages associated with celebrities.

Products

The company's non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice Drinks, Flavored Waters, and Teas. Besides the products below, Drinks Americas also owns and distributes Damiana Liqueur and Aguila Tequila from Mexico, Cohete Rum Guarana from Panama, Willie Nelson's Old Whiskey River Bourbon and Bourbon Cream, and Caso BoMargo Wines.[1]

Rheingold Beer

The Rheingold brand was purchased by Drinks Americas Holdings Ltd. in 2005.[2] In September 2010 the distribution of Rheingold Beer was expanded to Connecticut, New Jersey and Pennsylvania, [3] as well as Maryland in November.[4]

Trump Super Premium Vodka

Trump Super Premium Vodka was released in 2006, with a slogan of: "Success Distilled." Commenting on the initial introduction of his signature vodka, Trump remarked, "A great friend of mine was a founder of Grey Goose. And what we're going to do is top it. I want to top them just because it's fun to top my friends."   Donald Trump on Larry King Live [5] In September 2007, Trump Super Premium Vodka received its first of several high grade ratings from F. Paul Pacult's Spirit Journal. Four out of Five stars "because it finishes elegantly, oily/creamy, and snack cracker like." In the same edition, Grey Goose, the leading Super Premium Vodka company in terms of sales, received Two Stars.[6] In 2007 Recolte of Russia committed to an annual purchase of 50,000 cases for the Russian market, totaling $7.5 million per year. In 2008, flavored Trump vodkas were released including raspberry, grape, orange, and citron.[7] The Trump Vodka brand was discontinued in the U.S. in 2011 due to sales failing to meet the company threshold requirements, however it is still sold in Israel.[8][9]

Universal Interscope Geffen A&M Records

In June 2007, Drinks Americas entered into a partnership agreement with Interscope Geffen A&M Records, a subsidiary of Universal Music Group.

In February 2008, Drinks Americas entered into an equity partnership with Dr. Dre to develop a line of alcoholic and non-alcoholic beverages including cognacs, sparkling vodka, champagne, and tequila bearing Dr. Dre's name.[10]

Trademarks

Drinks Americas currently holds trademarks on the following products: TKO, Success Distilled, Trumptini, Cohete, and those waiting to be applied to new product introductions: Aftermath, Topless, Pacifique, LeBasse, El Jefe, Client Number 9, Dragonfly, Rock It, Rock Cola, and D'Oro.[11]

Board of directors

  • J. Patrick Kenny, president and chief executive officer since March, 2005. He is a former senior vice president and general manager of Joseph E. Seagram & Sons.[12]
  • Bruce K. Klein, chairman of the board[13]
  • Marvin Traub, former CEO and chairman of Bloomingdales.[14]
  • Frederick Schulman, president and director of East Coast Venture Capital, Inc.[15]
  • Hubert Millet, former president of Seagram's Global Brands Division based in Paris.[16]

On November 22, 2010 it was announced that former Coca-Cola executive Shaun B. Higgins will serve in an advisory capacity to the firm.[17]

Notes and references

  1. The New York Times http://topics.nytimes.com/top/news/business/companies/drinks-americas-holdings-ltd/index.html. Missing or empty |title= (help)
  2. "Entrepreneur - Start, run and grow your business".
  3. http://www.marketwatch.com/story/drinks-americas-launches-sales-of-rheingold-beer-in-connecticut-2010-09-16?reflink=MW_news_stmp
  4. Ltd., Drinks Americas Holdings. "Drinks Americas Rheingold Beer Continues Expansion".
  5. "Larry King Live". 2006-09-06. Missing or empty |series= (help)
  6. Johnson, Richard (2007-09-17). "Goose Cooked". NY Post. p. PageSix. Archived from the original on 2008-09-22. Retrieved 2010-10-17.
  7. "Trump Flavors Launch To Fast Start In First 30 Days" (Press release). 2008-04-15. Retrieved 2008-07-18.
  8. Weinglass, Simona (18 March 2016). "Unloved elsewhere, how Trump Vodka immigrated to Israel". The Times of Israel. Retrieved 2016-07-31.
  9. Johnston, Garth (2011-04-19). "Donald Trump Upset Over Illicit Israeli Trump Vodka". Gothamist. Archived from the original on 2016-07-20. Retrieved 2016-07-31.
  10. "Music Superstar/Entrepreneur Dr. Dre Partners With Drinks Americas to Launch Beverage Joint Venture" (Press release). 2008-02-25. Retrieved 2008-07-18.
  11. Patents and Trademarks for Drinks Americas
  12. "Stocks".
  13. "Stocks".
  14. "Marvin Traub Associates, Inc.: CEO and Executives - Businessweek".
  15. "Fredrick Schulman J.D., Esq.: Executive Profile & Biography - Businessweek".
  16. "Stocks".
  17. "Archived copy". Archived from the original on 2011-07-13. Retrieved 2010-12-01.CS1 maint: archived copy as title (link)
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