EARI Beverage Group Acquires Perfectomundo Tequila

Rhea-AI Summary

Entertainment Arts Research (OTC: EARI) has successfully acquired Perfectomundo, Inc., known for its award-winning Perfectomundo Tequila, enhancing its beverage portfolio. This acquisition is significant as it adds a premium tequila brand recognized at major international competitions, including the World Spirits Awards and the San Francisco World Spirits Competition. Perfectomundo Tequila, crafted in Jalisco, Mexico, is produced from 100% Agave, ensuring high-quality flavor. CEO Bernard Rubin emphasized that this acquisition solidifies EARI's commitment to a sustainable platform for diverse customer needs, complementing its existing vodka and bourbon brands.

Positive

• Acquisition adds a premium tequila brand to EARI's portfolio, enhancing market presence.
• Perfectomundo Tequila has won multiple prestigious awards, boosting brand credibility.
• Full control over production processes ensures high-quality product delivery.

Negative

• None.

CHARLOTTE, N.C., Feb. 22, 2023 /PRNewswire/ -- Entertainment Arts Research (OTC: EARI), a diversified beverage and media group, has concluded the acquisition of Perfectomundo, Inc., the producer, and the owner of the premium multiple award-winning tequila brand Perfectomundo Tequila.

The acquisition of Perfectomundo adds to the EARI Beverage portfolio a world-renowned multi-award-winning Tequila, which won top awards at some of the largest international shows and competitions: Wine and Spirits Wholesalers of America (WSWA); World Spirits Awards (SIP Consumer Awards), Las Vegas International Spirits Competition, San Francisco World Spirits Competition, London Bartender and Mixologist Choice Competition, as well as best-in-show and double gold in the most prestigious Stuttgart Spirits & Wine Competition.

Perfectomundo Tequila is crafted in the Town of Tequila, State of Jalisco, at one of the oldest and the most prominent distilleries in Mexico, which grows its own Agave plants. The distillery has a long legacy of producing the top shelf 100% Agave award-winning tequilas. Perfectomundo Tequila comes in three expressions – Blanco, Reposado, and Anejo. The full control over the production cycle, starting from the growth of the Agave plants to the unique distilling processes, creates a rich flavor palate appreciated by the most discerning tequila connoisseurs around the world.

Paul Oakenfold, Perfectomundo co-founder, three-time Grammy-nominee, legendary musician, and the owner of Perfecto Records, stated: "We are excited to bring this passion project, already revered by the music and entertainment industry and fans around the world, to a nationwide distribution network through EARI".

"The acquisition of Perfectomundo is a major milestone for our company as it rounds up our spirit portfolio, adding to our Vodka and Bourbon brands. It also reinforces our commitment to creating a sustainable platform that can serve our current and future customers and their unique needs," stated Bernard Rubin, the CEO of EARI Beverage Group.

ABOUT EARI:

EARI Beverages is a diversified conglomerate of beverage brands with owned media and marketing assets, focused on specific market segments of the beverage industry, operating in the craft beer, craft soda, and craft spirit market segments. The flagship brand is the iconic Original New York Seltzer craft soda, which is bottled by its wholly-owned bottling facility, LA Bottleworks Inc. The group has acquired and built distribution across 170 independent distributors and has a footprint in 10,000 retailers. The company bottles its own products and uses several third-party packers and service providers. The most recent acquisition of LA Bottleworks Inc. has provided the company with the capability to produce its own products, such as the Original New York Seltzer brand. The company also owns a craft brewer, Bell City Brewing in Canada.  For more information on Perfectomundo, please visit https://perfectomundotequila.com/ and click here for the corporate video.

We also encourage our shareholders to visit www.earigroup.com and our official Twitter account for updates: https://twitter.com/EARI_Bev_Group

Company Websites

www.earigroup.com  www.drinkfury.com www.whiterhinovodka.com www.neosuperwater.com www.foodytv.com  http://zegen.com.ph/   https://bellcitybrewing.com/  https://laketahoedistilling.com/  https://4elementalspirits.com/

Safe Harbor Disclosure

This press release contains forward-looking statements that are made under the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's expectations regarding future results of operations, economic performance, and financial condition. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable, but there is no assurance they will prove to be accurate. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. EARI competes in a rapidly growing and transforming industry, and risk factors, including those disclosed in the Company's filings with the Securities and Exchange Commission, might affect the Company's operations. Unless required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/eari-beverage-group-acquires-perfectomundo-tequila-301753558.html

SOURCE Entertainment Arts Research, Inc.

FAQ

What is the significance of EARI's acquisition of Perfectomundo?

EARI's acquisition of Perfectomundo enhances its beverage portfolio by adding a premium tequila brand that has received multiple awards, which could improve market presence and revenue potential.

What awards has Perfectomundo Tequila won?

Perfectomundo Tequila has won top awards at renowned competitions, including the World Spirits Awards and the San Francisco World Spirits Competition.

How does the acquisition of Perfectomundo impact EARI's existing brands?

The acquisition complements EARI's existing vodka and bourbon brands, creating a more diverse and robust beverage offering to cater to varying consumer preferences.

Where is Perfectomundo Tequila produced?

Perfectomundo Tequila is produced in the Town of Tequila, State of Jalisco, Mexico, at a prominent distillery known for its quality agave.

What are the expressions available for Perfectomundo Tequila?

Perfectomundo Tequila is available in three expressions: Blanco, Reposado, and Anejo.