pending sale of polish distribution assets makes one wonder ....is there a big cash need???doesn't the "D" in CEDC mean "DISTRIBUTION"sounds like a move away from key mission/core competency.
If you follow the story of CEDC, this would come of no surprise to you. They have been publicly stating that they will sell the distribution business for many months. The reason being it is low margin.
There you go. Distribution involves truck drivers (union) and fuel (price risk). Distribution just carries more risk than reward.
And build warchest to go after hot Ukrainian vodka brand.
Remove the "Distribution" & they're left with the distilleries. So, do they use the $$$ to expand the production business or are they simply putting "Lipstick on the pig?"