New York, NY, January 16, 2015—InterContinental Beverage Capital, Inc. (“IBC”) announced that it has entered into an agreement with Del Sur Imports LLC (“DSI”), makers of the premium lump charcoal Carbon Del Sur, to acquire a minority ownership in DSI. IBC will provide strategic business and financial guidance and services aimed at accelerating DSI’s distribution and market entrance. IBC is a New York-based merchant banking firm with offices in New York, Atlanta and Boca Raton.
Additionally, as part of their investment into DSI, IBC structured an international credit facility for DSI enabling them to manufacture, process, ship and import their product from the country Colombia for distribution throughout North America. IBC worked with Forest Capital LLC, to provide the credit facility which will fund DSI’s working capital needs.
Del Sur Imports, located in Roswell, Georgia, was founded in 2007, by Osvaldo Guzman. Since that time he has developed Carbon Del Sur, the most premium, top rated, 100 % natural, hardwood lump charcoal in the industry. It is produced and sourced through a proprietary network in his native Colombia, South America. Carbon Del Sur has quickly become the charcoal of choice among chefs, grilling enthusiasts and aficionados alike.
Mr. Guzman said, “Del Sur Imports’ partnership with IBC will bring important resources and capabilities at a time when we are entering new markets and accelerating the business.” Mr. John Carson, Chairman of IBC, former President of Cadbury Schweppes and Triarc Chairman, offered that “we can best assist Mr. Guzman in DSI’s expansion from within as partners. This will better enable us to drive growth and value while giving IBC access to a segment of the market we’ve developed interest in and is highly complementary to our core sectors.”
Stephen F. Horgan, lead operating partner on the project for IBC said “lump charcoal is 7% of the nearly $1 Billion charcoal industry and is by far the fastest growing segment. Mr. Horgan, formerly head of retail operations at both Coca-Cola and Coors Brewing, continued, “IBC invests as much in people as it does companies and Osvaldo Guzman and Del Sur Imports are both good bets for IBC.”
Carbon Del Sur is the highest quality, premium lump charcoal on the market and is sold in Restaurant Depot, Food Depot and Ace Hardware stores.
About Del Sur Imports, Inc.
Del Sur Imports is a Georgia based company, established in 2007, which manufactures and imports Carbon Del Sur, a premium grade natural hardwood lump charcoal.
Del Sur Imports has the highest standards in the industry for regulated production of charcoal, with replanting, sustainable use of the forest and community development for the families involved in the process.
About InterContinental Beverage Capital, Inc.
IBC is a New York-based advisory, merchant bank focused on the beverage and consumer packaged goods industries.
IBC has a worldwide network of strategic industry contacts, lending institutions, consultants, recruiters, and management teams. These sources provide expertise, industry capabilities, access to new customers, and valuable investment and commercial banking capabilities to partnership companies. IBC is actively seeking investments in its targeted verticals in companies, which have unique products and dedicated management that exhibit the ability to develop into category leaders.
InterContinental Beverage Capital, Investor Relations: 631-393-0426 email@example.com
Del Sur Imports Inc.: 678-907-046 firstname.lastname@example.org