Chilco River Holdings (OTC Pink: CRVH) has signed a Letter of Intent to acquire a majority stake in Excuse Wine & Spirits through an all-stock transaction. Excuse owns proprietary trademarks and assets in the alcoholic beverage sector, specializing in tequila and bourbon. The company has demonstrated success through soft launches and market testing in major U.S. metropolitan areas over the past two years. Post-acquisition, Excuse will operate as a majority-owned subsidiary of Chilco, benefiting from strategic oversight, operational resources, and growth capital. The deal is expected to close by the end of June 2025. This acquisition aligns with Chilco's strategy to build a portfolio of high-growth consumer brands in the alcoholic beverage industry.
Chilco River Holdings (OTC Pink: CRVH) ha firmato una Lettera di Intenti per acquisire una quota di maggioranza in Excuse Wine & Spirits tramite una transazione interamente in azioni. Excuse possiede marchi registrati e asset proprietari nel settore delle bevande alcoliche, specializzandosi in tequila e bourbon. L'azienda ha dimostrato successo attraverso lanci soft e test di mercato nelle principali aree metropolitane degli Stati Uniti negli ultimi due anni. Dopo l'acquisizione, Excuse opererà come una controllata a maggioranza di Chilco, beneficiando di supervisione strategica, risorse operative e capitale per la crescita. L'accordo è previsto per concludersi entro la fine di giugno 2025. Questa acquisizione è in linea con la strategia di Chilco di costruire un portafoglio di marchi di consumo ad alta crescita nel settore delle bevande alcoliche.
Chilco River Holdings (OTC Pink: CRVH) ha firmado una Carta de Intención para adquirir una participación mayoritaria en Excuse Wine & Spirits mediante una transacción completamente en acciones. Excuse posee marcas registradas y activos propios en el sector de bebidas alcohólicas, especializándose en tequila y bourbon. La compañía ha demostrado éxito a través de lanzamientos suaves y pruebas de mercado en las principales áreas metropolitanas de EE. UU. durante los últimos dos años. Tras la adquisición, Excuse operará como una subsidiaria mayoritaria de Chilco, beneficiándose de supervisión estratégica, recursos operativos y capital para el crecimiento. Se espera que el acuerdo se cierre antes de finales de junio de 2025. Esta adquisición está alineada con la estrategia de Chilco de construir una cartera de marcas de consumo de alto crecimiento en la industria de bebidas alcohólicas.
Chilco River Holdings(OTC Pink: CRVH)는 Excuse Wine & Spirits의 지분 다수를 주식 교환 방식으로 인수하기 위한 의향서에 서명했습니다. Excuse는 테킬라와 버번에 특화된 주류 분야의 독점 상표와 자산을 보유하고 있습니다. 이 회사는 지난 2년간 미국 주요 대도시 지역에서 소프트 런칭과 시장 테스트를 통해 성공을 입증했습니다. 인수 후 Excuse는 Chilco의 다수 지분 자회사로 운영되며 전략적 감독, 운영 자원 및 성장 자본의 혜택을 받게 됩니다. 이 거래는 2025년 6월 말까지 마무리될 예정입니다. 이번 인수는 Chilco가 주류 산업에서 고성장 소비자 브랜드 포트폴리오를 구축하려는 전략과 부합합니다.
Chilco River Holdings (OTC Pink : CRVH) a signé une lettre d'intention pour acquérir une participation majoritaire dans Excuse Wine & Spirits via une transaction entièrement en actions. Excuse détient des marques déposées et des actifs propriétaires dans le secteur des boissons alcoolisées, se spécialisant dans la tequila et le bourbon. L'entreprise a démontré son succès grâce à des lancements progressifs et des tests de marché dans les principales zones métropolitaines américaines au cours des deux dernières années. Après l'acquisition, Excuse opérera en tant que filiale majoritairement détenue par Chilco, bénéficiant d'une supervision stratégique, de ressources opérationnelles et de capitaux pour la croissance. La transaction devrait être finalisée d'ici fin juin 2025. Cette acquisition s'inscrit dans la stratégie de Chilco visant à constituer un portefeuille de marques grand public à forte croissance dans l'industrie des boissons alcoolisées.
Chilco River Holdings (OTC Pink: CRVH) hat eine Absichtserklärung zur Übernahme einer Mehrheitsbeteiligung an Excuse Wine & Spirits durch eine vollständige Aktientransaktion unterzeichnet. Excuse besitzt proprietäre Marken und Vermögenswerte im Bereich alkoholischer Getränke, spezialisiert auf Tequila und Bourbon. Das Unternehmen hat in den letzten zwei Jahren durch Soft-Launches und Markttests in großen US-Metropolregionen Erfolge erzielt. Nach der Übernahme wird Excuse als mehrheitlich im Besitz von Chilco befindliche Tochtergesellschaft betrieben und profitiert von strategischer Aufsicht, operativen Ressourcen und Wachstumskapital. Der Abschluss der Transaktion wird bis Ende Juni 2025 erwartet. Diese Übernahme entspricht der Strategie von Chilco, ein Portfolio wachstumsstarker Konsummarken im Bereich alkoholischer Getränke aufzubauen.
Positive
Strategic entry into the high-growth alcoholic beverage market through acquisition
Excuse brings established trademarks and intellectual property in tequila and bourbon segments
Successful market testing results in major metropolitan areas
Advanced negotiations with national and regional distribution partners for nationwide rollout
Negative
All-stock transaction structure may lead to shareholder dilution
Acquisition is still in LOI phase with no definitive agreement
Financial terms and valuation not disclosed
No current revenue or market share data provided for Excuse Wine & Spirits
Chatsworth, California--(Newsfile Corp. - June 12, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic holding company and diversified business accelerator, is pleased to announce the signing of a Letter of Intent ("LOI") to acquire a majority equity interest in Excuse Wine & Spirits, Inc. ("Excuse") in an all-stock transaction.
Excuse Wine & Spirits, Inc. is a privately held company that owns a portfolio of proprietary trademarks, intellectual property, and high-quality assets in the alcoholic beverage sector, with a particular focus on tequila and bourbon. Over the past two years, the company has successfully soft launched a range of innovative products, garnering strong consumer response through targeted market testing in several high-growth metropolitan regions across the United States.
Excuse is currently in advanced negotiations with national and regional distribution partners to support a nationwide rollout of its product lines.
Strategic Growth Platform
Upon completion of the proposed transaction, Excuse will operate as a majority-owned subsidiary of Chilco River Holdings. Under Chilco's leadership, Excuse will benefit from strategic oversight, operational resources, and access to growth capital, enabling the brand to accelerate its market presence, scale operations, and enhance overall brand equity.
This acquisition aligns with Chilco River's mission to build a diversified portfolio of high-growth consumer brands in the alcoholic beverage industry. The company continues to explore additional acquisition opportunities in adjacent sectors and emerging global markets as part of its long-term growth strategy.
Forward Momentum
The LOI reflects a mutual intention by both parties to proceed in good faith toward the negotiation and execution of a definitive agreement which is expected to close before the end of the month. The LOI highlights a shared commitment to collaboration and long-term value creation for shareholders.
Chilco River Holdings is also receiving significant inbound interest from other acquisition targets in high-growth, in-demand sectors. The company remains committed to keeping its shareholders informed and will provide timely updates on all material developments as they occur.
About Chilco River Holdings, Inc.
Chilco River Holdings, Inc. is a strategic holding company and business accelerator focused on building long-term value through the acquisition, development, and growth of diversified businesses. With a core emphasis on the premium alcoholic beverage sector, Chilco River specializes in high-quality spirits and innovative ready-to-drink (RTD) products. The Company leverages operational expertise, brand development capabilities, and strategic partnerships to drive sustainable growth across its portfolio.
What is the acquisition deal between Chilco River Holdings (CRVH) and Excuse Wine & Spirits?
Chilco River Holdings has signed a Letter of Intent to acquire a majority equity stake in Excuse Wine & Spirits through an all-stock transaction, expected to close by the end of June 2025.
What products does Excuse Wine & Spirits offer?
Excuse Wine & Spirits owns a portfolio of proprietary trademarks and assets in the alcoholic beverage sector, specifically focusing on tequila and bourbon products.
How will Excuse Wine & Spirits operate after the CRVH acquisition?
Excuse will operate as a majority-owned subsidiary of Chilco River Holdings, receiving strategic oversight, operational resources, and access to growth capital to accelerate market presence.
What is the current market presence of Excuse Wine & Spirits?
Excuse has conducted successful soft launches and market testing in several high-growth metropolitan regions across the United States over the past two years.
What are Chilco River Holdings' future expansion plans?
Chilco River Holdings aims to build a diversified portfolio of high-growth consumer brands in the alcoholic beverage industry and is exploring additional acquisition opportunities in adjacent sectors and emerging global markets.
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