Business
Chilco River Holdings Closes Strategic Acquisition of Excuse Wine & Spirits, Inc
Acquisition establishes Chilco as a platform for rapid expansion, fueling nationwide distribution and setting the stage for global brand leadership in premium spirits. Los Angelas, California--(Newsfile Corp. - August 20, 2025) - Chilco River Holdings, Inc. (OTCID: CRVH) a dynamic beverage company focused on strategic growth in the premium alcohol sector is pleased to announce it has officially closed its acquisition of a majority equity interest in Excuse Wine & Spirits, Inc., a rising force ..
About this update from Chilco River Holdings, Inc.
[{"type":"text","content":"Acquisition establishes Chilco as a platform for rapid expansion, fueling nationwide distribution and setting the stage for global brand leadership in premium spirits.","length":167,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Los Angelas, California--(Newsfile Corp. - August 20, 2025) - Chilco River Holdings, Inc. (OTCID: CRVH) a dynamic beverage company focused on strategic growth in the premium alcohol sector is pleased to announce it has officially closed its acquisition of a majority equity interest in Excuse Wine & Spirits, Inc., a rising force in the premium spirits market with a focus on innovative luxury tequila, premium bourbon whiskey and ready-to-drink cocktail brands.","length":466,"tagName":"p"},{"type":"text","content":"This closing marks the launch of a bold, forward-looking growth strategy to position Chilco as a leader in the next generation of high-growth consumer beverage brands. With Excuse Wine & Spirits, Inc.'s portfolio of proprietary trademarks, intellectual property, and high-quality assets now under the Chilco umbrella, the Company is accelerating plans to capture market share in two of the fastest-growing categories in the spirits industry.","length":449,"tagName":"p"},{"type":"text","content":"Transformational Platform for Expansion","length":39,"tagName":"p"},{"type":"text","content":"Excuse Wine & Spirits, Inc. has already soft launched several products with strong consumer demand in key U.S. markets. Now, under Chilco's ownership, the company is preparing to scale nationally with major distribution partners and roll out an expanded portfolio of offerings designed to capture the evolving tastes of today's consumers.","length":350,"tagName":"p"},{"type":"text","content":""Closing this deal isn't just a milestone it's a turning point," stated Chief Executive Officer, Will Lovett. "We believe Excuse has the potential to become a household name, and under Chilco's platform we are building a portfolio that doesn't just compete but leads. This acquisition sets the stage for rapid expansion, breakthrough product innovation, and significant shareholder value creation."","length":434,"tagName":"p"},{"type":"text","content":"Forward Momentum","length":16,"tagName":"p"},{"type":"text","content":"Chilco ha...