Chilco River Holdings Enters Premium Alcohol Beverage Sector, Targets Strategic Acquisitions to Accelerate Growth
Chilco River Holdings (OTC Pink: CRVH) has announced a strategic pivot into the premium alcoholic beverage industry, focusing on acquiring premium brands in craft spirits and ready-to-drink cocktails (RTDs). The company has achieved Pink Current Information status with OTC Markets and is currently in advanced negotiations with multiple acquisition targets.
As part of this transformation, Chilco has formally canceled prior agreements with Leuffer Desarrollos SA de CV, American Hemp Brands, Inc., and L Myers Associates to focus entirely on the premium alcohol sector. CEO William Lovett emphasized the company's commitment to building shareholder value through strategic acquisitions in this dynamic market.
Chilco River Holdings (OTC Pink: CRVH) ha annunciato un cambiamento strategico verso il settore delle bevande alcoliche di alta gamma, concentrandosi sull'acquisizione di marchi premium nel campo dei distillati artigianali e dei cocktail pronti da bere (RTD). L'azienda ha ottenuto lo status di Pink Current Information con OTC Markets ed è attualmente in trattative avanzate con diversi obiettivi di acquisizione.
Come parte di questa trasformazione, Chilco ha formalmente annullato gli accordi precedenti con Leuffer Desarrollos SA de CV, American Hemp Brands, Inc. e L Myers Associates, per concentrarsi esclusivamente sul settore delle bevande alcoliche di alta qualità. Il CEO William Lovett ha sottolineato l'impegno dell'azienda a creare valore per gli azionisti attraverso acquisizioni strategiche in questo mercato dinamico.
Chilco River Holdings (OTC Pink: CRVH) ha anunciado un giro estratégico hacia la industria de bebidas alcohólicas premium, enfocándose en la adquisición de marcas premium de licores artesanales y cócteles listos para beber (RTDs). La compañía ha alcanzado el estatus de Pink Current Information con OTC Markets y se encuentra en negociaciones avanzadas con múltiples objetivos de adquisición.
Como parte de esta transformación, Chilco ha cancelado formalmente los acuerdos previos con Leuffer Desarrollos SA de CV, American Hemp Brands, Inc. y L Myers Associates para enfocarse completamente en el sector de alcohol premium. El CEO William Lovett destacó el compromiso de la empresa de generar valor para los accionistas mediante adquisiciones estratégicas en este mercado dinámico.
칠코 리버 홀딩스(OTC Pink: CRVH)는 프리미엄 주류 산업으로 전략적 전환을 발표했으며, 수제 증류주와 즉석 칵테일(RTD) 분야의 프리미엄 브랜드 인수에 집중하고 있습니다. 회사는 OTC 마켓에서 Pink Current Information 상태를 획득했으며, 현재 여러 인수 대상과 고급 협상을 진행 중입니다.
이 변화의 일환으로 칠코는 Leuffer Desarrollos SA de CV, American Hemp Brands, Inc., L Myers Associates와의 이전 계약을 공식적으로 취소하고 프리미엄 주류 분야에 전적으로 집중하기로 했습니다. CEO 윌리엄 러벳은 이 역동적인 시장에서 전략적 인수를 통해 주주 가치를 창출하겠다는 회사의 의지를 강조했습니다.
Chilco River Holdings (OTC Pink : CRVH) a annoncé un virage stratégique vers l'industrie des boissons alcoolisées haut de gamme, en se concentrant sur l'acquisition de marques premium dans les spiritueux artisanaux et les cocktails prêts à boire (RTD). L'entreprise a obtenu le statut Pink Current Information auprès d'OTC Markets et est actuellement en négociations avancées avec plusieurs cibles d'acquisition.
Dans le cadre de cette transformation, Chilco a officiellement annulé les accords précédents avec Leuffer Desarrollos SA de CV, American Hemp Brands, Inc. et L Myers Associates afin de se concentrer entièrement sur le secteur des alcools premium. Le PDG William Lovett a souligné l'engagement de la société à créer de la valeur pour les actionnaires grâce à des acquisitions stratégiques dans ce marché dynamique.
Chilco River Holdings (OTC Pink: CRVH) hat eine strategische Neuausrichtung in die Premium-Alkoholbranche bekannt gegeben, mit dem Fokus auf den Erwerb von Premium-Marken im Bereich Craft-Spirituosen und fertige Cocktails (RTDs). Das Unternehmen hat den Status Pink Current Information bei OTC Markets erreicht und befindet sich derzeit in fortgeschrittenen Verhandlungen mit mehreren Übernahmezielen.
Im Rahmen dieser Transformation hat Chilco frühere Vereinbarungen mit Leuffer Desarrollos SA de CV, American Hemp Brands, Inc. und L Myers Associates offiziell aufgehoben, um sich vollständig auf den Premium-Alkoholsektor zu konzentrieren. CEO William Lovett betonte das Engagement des Unternehmens, durch strategische Akquisitionen in diesem dynamischen Markt den Aktionärswert zu steigern.
- Achievement of Pink Current Information status with OTC Markets, enabling M&A activity and capital raising
- Strategic entry into the growing premium alcoholic beverage market
- Advanced negotiations with multiple acquisition targets already underway
- Clean slate after cancellation of previous non-core agreements
- No specific acquisition targets or deals announced yet
- Previous business agreements were never consummated, indicating execution risks
- Company is entering a highly competitive premium beverage market
Chatsworth, California--(Newsfile Corp. - May 29, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a rising force in brand acceleration, is thrilled to announce a transformative leap into the booming premium alcoholic beverage industry. This bold pivot marks the beginning of an ambitious growth strategy centered on acquiring standout brands and building a powerhouse portfolio in one of the most dynamic consumer markets.
The company is currently engaged in advanced negotiations with multiple acquisition targets including innovative upstarts and established premium labels. Chilco is positioning itself at the forefront of a surging industry driven by demand for craft spirits, ready-to-drink cocktails (RTDs), and luxury lifestyle beverages.
"The premium beverage space is exploding with opportunity," stated, Chief Executive Officer, William Lovett. "Our entry into this market is a game-changer, and we're already in deep discussions with brands that we believe can supercharge our trajectory and deliver lasting value to our shareholders."
As part of this strategic realignment, the Company has formally canceled prior agreements with Leuffer Desarrollos SA de CV, American Hemp Brands, Inc., and L Myers Associates. These transactions were never consummated and no longer reflect the Company's core business objectives. This provides a fresh start and allows Chilco to dedicate full resources and strategic efforts toward the premium alcohol sector.
"This marks a clean slate and a bold new direction for Chilco," continued Lovett. "The premium beverage space is full of energy and opportunity, and we are excited to dive in. With the right strategy and execution, we believe we can build something truly impactful for our shareholders."
In parallel with its renewed business direction, Chilco is proud to announce it has achieved Pink Current Information status with OTC Markets. This milestone not only underscores the Company's commitment to transparency but also unlocks powerful new levers for growth, including M&A activity, capital raising, and the onboarding of top-tier leadership.
With a clear vision and renewed focus, Chilco River Holdings is moving forward with determination and purpose. The Company is committed to transparency, disciplined execution, and consistent communication with shareholders. As it enters the premium alcohol space, Chilco is well-positioned to seize new opportunities and build lasting value in one of today's most dynamic markets.
About Chilco River Holdings, Inc.
Chilco River Holdings is a U.S.-based brand accelerator focused on identifying and acquiring premium consumer products with high-growth potential. The Company is currently targeting acquisitions in the premium alcohol beverage sector, including spirits, and ready-to-drink brands.
For more information, please contact:
Investor Relations
Chilco River Holdings, Inc.
Email: info@chilcoriver.com
Website: www.chilcoriver.com
Forward-Looking Statements:
This press release contains forward-looking statements, including statements regarding the Company's strategic direction, acquisition plans, and anticipated growth. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to factors such as market conditions, due diligence outcomes, and regulatory approvals. Chilco River Holdings undertakes no obligation to update these statements, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253741
FAQ
What is Chilco River Holdings (CRVH) new business strategy?
What does CRVH's Pink Current Information status mean for investors?
Which previous agreements did CRVH cancel in May 2025?
Who is the CEO of Chilco River Holdings (CRVH)?
What types of acquisitions is CRVH targeting in 2025?
