Earlier this week, Aladdin Beverage announced that it had been selected to exclusively import Kross Beer, Chile’s fastest-growing premium beer. Today shares rose to 9 cents for a 50% increase from Tuesday’s lows.
The company built its reputation by importing unique beers and brews to America, capitalizing on increasing interest for specialty beers in the U.S. Aladdin also imports the Argentinean-based Antares label, the Devassa brand of beers from Brazil, and the Macau brand of beer from Macau, China.
Ted O’Connor, President of Aladdin Beverage, expressed his excitement by stating in the press release, “We are so pleased to be able to import this fine independent brewery to the U.S. Consumers are ‘trading up’ and looking for choices in the premium beer category. Cervecería Kross understands what it takes to be a superb beer and we could not be more pleased.”
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