Southridge, Iconic Brands enter equity purchase agreement.
BANKING AND CREDIT NEWS-July 10, 2015-Southridge, Iconic Brands enter equity purchase agreement
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Southridge, a diversified financial holding company specializing in direct investment and advisory services to small and middle market companies, said it has entered into an equity purchase agreement with Iconic Brands.
BiVi Vodka, a subsidiary of Iconic Brands, Inc. said that it has shipped its first 600 cases of premium Sicilian vodka to its distributor network. BiVi is the first Sicilian vodka to be produced and sold in the US and is made from the finest Sicilian semolina wheat and the pristine water of the island of Sicily.
Southridge CEO and founder Stephen Hicks said, "We always look to invest in unique businesses and Iconic sets itself apart in this crowded market by developing superior alcoholic beverages such as BiVi."
Southridge is a diversified financial holding company specializing in direct investment and advisory services to small and middle market companies.
BiVi LLC, is a company made up of BiVi 100 percent Sicilian Vodka. BiVi LLC's mission is to promote and support the sales endeavors of the distribution network through targeted and national marketing endeavors and working with the Celebrity partner Mr. Chazz Palminteri.
Iconic Brands Inc. is a beverage company with the highest expertise of developing, from inception to completion, alcoholic beverages for itself and third parties.
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Jul 10, 2015|
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