Stoli Group and Laiko Cosmos Trading announced the commencement of the distribution agreement which refers to the exclusive distribution and marketing of all Stoli Group brands by Laiko Cosmos Trading in Cyprus.
Leading with Stolichnaya® Premium Vodka, which is currently the No1 vodka brand in the market, the distribution agreement includes the following brands as well: elit® Vodka, Bayou® Rum, Cenote® Tequila, Kah® Tequila and Se Busca® Mezcal.
Vassilis Petrides, CEO Laiko Cosmos Trading made the following statement: “We are excited and feel honored that the Stoli Group entrusted us the distribution of their premium brands. We are committed to this partnership and determined to work hard in order to grow the Group’s great brands further, as we are systematically doing with all our Principals, in all categories that we are active in. This strategic agreement changes the environment in the Cyprus market and Laiko Cosmos Trading is making a great addition to its wide portfolio with a number of renowned premium brands.”
On behalf of Stoli Group, Andreas Ioannides, Managing Director – International Distribution, stated right after the commencement of the agreement: “In accordance with the growth strategy that we have in place for all Stoli Group brands, we chose Laiko Cosmos Trading as our new partner in Cyprus, based on their proven ability to always grow the brands they are distributing, through their successful marketing strategies and their wide distribution network. At this point, I wanted to thank A.C.M Christofides for their cooperation and their contribution in Stoli’s growth so far.”
The distribution of all Stoli Group brands by Laiko Cosmos Trading will commence on 1st April.