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Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.
Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.

Associated Press

time12-06-2025

  • Business
  • Associated Press

Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.

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. For media or investor inquiries, please contact: Investor Relations Chilco River Holdings, Inc. Email: [email protected] Website: To view the source version of this press release, please visit

Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.
Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.

Yahoo

time12-06-2025

  • Business
  • Yahoo

Chilco River Holdings Announces Letter of Intent for Strategic Acquisition of Excuse Wine & Spirits, Inc.

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. For media or investor inquiries, please contact:Investor RelationsChilco River Holdings, info@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Chilco River Holdings Appoints Brodie Hall as Vice President of Mergers & Acquisitions to Lead Strategic Growth
Chilco River Holdings Appoints Brodie Hall as Vice President of Mergers & Acquisitions to Lead Strategic Growth

Globe and Mail

time10-06-2025

  • Business
  • Globe and Mail

Chilco River Holdings Appoints Brodie Hall as Vice President of Mergers & Acquisitions to Lead Strategic Growth

Chatsworth, California--(Newsfile Corp. - June 10, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic holding company and business accelerator, today announced the appointment of Brodie Hall as Vice President of Mergers & Acquisitions. In this role, Hall will lead the Company's strategic growth initiatives through targeted acquisitions and synergistic partnerships across its expanding portfolio. Chilco River Holdings is committed to identifying, developing, and scaling diversified ventures. With a strategic focus on the alcoholic beverage industry, the Company specializes in acquiring and growing premium brands in high-quality spirits and innovative ready-to-drink (RTD) products. Brodie Hall brings extensive experience in corporate finance, strategic advisory, and deal execution. Throughout his career, he has successfully led a wide range of transactions-from IPOs to private market exits across diverse industries including consumer products, manufacturing, biotechnology, and technology. "We are thrilled to welcome Brodie to the Chilco executive team," said William Lovett, CEO of Chilco River Holdings. "His deep knowledge of capital markets, cross-sector M&A, and value-focused deal structuring will be critical as we scale through strategic acquisitions and continue building a premier portfolio of beverage brands." In his new role, Hall will oversee all aspects of Chilco's M&A pipeline, with a focus on identifying high-potential targets, driving efficient deal execution, and maximizing long-term shareholder value. As a licensed CPA with Big Four accounting experience, he brings a rigorous financial lens and a disciplined integration approach to every transaction. "I'm excited to join Chilco at such a dynamic time in its growth," said Brodie Hall. "There is significant opportunity to build scale and enhance brand value through thoughtful acquisitions, and I look forward to helping lead that effort." Chilco River Holdings continues to execute its strategy of portfolio expansion in high-growth sectors. Its beverage portfolio includes emerging brands in the tequila, bourbon, and RTD categories. With Hall leading the M&A strategy, the Company is well-positioned to accelerate its acquisition pipeline and drive robust expansion in the months ahead. 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. 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.

Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway
Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway

Associated Press

time04-06-2025

  • Business
  • Associated Press

Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway

Chatsworth, California--(Newsfile Corp. - June 4, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ('Chilco' or the 'Company'), a dynamic beverage company focused on strategic growth in the premium alcohol sector, is pleased to announce a series of June initiatives, including consumer tasting activations, key team additions, and advancing distribution agreements at both regional and national levels. Following its announcement last week outlining a strategic entry into the alcohol beverage space, Chilco is now executing the next phase of its expansion. These initiatives reflect the company's broader goal to build a high-growth platform focused on premium consumer brands and grassroots engagement. 'We're creating real momentum,' said William Lovett, CEO of Chilco River Holdings. 'Our teams are on the ground, our products are getting in hands, and we're forming relationships that will define our long-term distribution footprint.' The June schedule includes curated product sampling events, new hires to strengthen social media, sales and brand operations, and active discussions with distribution partners across the U.S. These developments mark an acceleration of Chilco's growth and underscore its commitment to disciplined execution and market impact. 'We've been making strategic hires, and we're in active discussions with distribution partners who share our vision,' added Lovett. 'We believe June will be a pivotal month in setting the stage for larger rollouts ahead.' Chilco River Holdings plans to share additional updates throughout the summer as momentum builds. With new tastings, expanded leadership, and distribution agreements progressing rapidly, the Company is entering a dynamic growth phase. Shareholders can expect consistent updates as Chilco continues to execute on its bold vision and deliver value through strategic activation, brand expansion, and market penetration. 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: [email protected] Website: 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

Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway
Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway

Yahoo

time04-06-2025

  • Business
  • Yahoo

Chilco River Holdings Heats Up June with Exciting Product Tastings, Key Hires, and New Distribution Deals Underway

Chatsworth, California--(Newsfile Corp. - June 4, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic beverage company focused on strategic growth in the premium alcohol sector, is pleased to announce a series of June initiatives, including consumer tasting activations, key team additions, and advancing distribution agreements at both regional and national levels. Following its announcement last week outlining a strategic entry into the alcohol beverage space, Chilco is now executing the next phase of its expansion. These initiatives reflect the company's broader goal to build a high-growth platform focused on premium consumer brands and grassroots engagement. "We're creating real momentum," said William Lovett, CEO of Chilco River Holdings. "Our teams are on the ground, our products are getting in hands, and we're forming relationships that will define our long-term distribution footprint." The June schedule includes curated product sampling events, new hires to strengthen social media, sales and brand operations, and active discussions with distribution partners across the U.S. These developments mark an acceleration of Chilco's growth and underscore its commitment to disciplined execution and market impact. "We've been making strategic hires, and we're in active discussions with distribution partners who share our vision," added Lovett. "We believe June will be a pivotal month in setting the stage for larger rollouts ahead." Chilco River Holdings plans to share additional updates throughout the summer as momentum builds. With new tastings, expanded leadership, and distribution agreements progressing rapidly, the Company is entering a dynamic growth phase. Shareholders can expect consistent updates as Chilco continues to execute on its bold vision and deliver value through strategic activation, brand expansion, and market penetration. 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 RelationsChilco River Holdings, info@ 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 Sign in to access your portfolio

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