Friday, September 16, 2016 4:43:13 PM
SCOTTSDALE, AZ, Oct. 30, 2015 /PRNewswire/ - Scottsdale, AZ based beverage company NOHO, Inc. (OTC: DRNK) has entered into an exclusive distribution agreement with TDG Brands, Inc. or Scottsdale, AZ for distribution of NOHO "The Hangover Defense" 2 oz. shots in all flavors.
"TDG Brands services over 48,000 stores in the domestic U.S. and we are more than happy to be included into their bevy of big name brands that they offer and represent. They have really mastered the art of picking brands, placing them into the market, structuring proper sell through programs and creating brand awareness. Our NOHO 2 oz. shot is the perfect compliment for their portfolio and we are confident in TDG's ability to dramatically expand our distribution and retailer base," said Jay Grdina, CEO of NOHO, Inc.
The 5 year exclusive U.S. distribution agreement between NOHO, Inc. and TDG Brands, Inc. guarantees NOHO, Inc. $2,500,000 for the first year of the agreement. NOHO, Inc. will still retain the worldwide rights to distribute its NOHO 2 oz. shot. TDG will be responsible for all slotting and marketing costs of the distributed NOHO products throughout the term of the agreement.
Jerry Dellaportas the VP of Business Development at TDG Brands, Inc. said, "We are extremely excited and privileged to bring NOHO into our sales and distribution network. We look forward to expanding its brand name across the United States market. This partnership will be a big part of our success going into the new year."
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