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Global Beverage Solutions Acquires Aqua Maestro

 

Global Beverage Solutions, Inc. (OTCBB: GBVS) announced today the company has acquired 100% ownership of Aqua Maestro, Inc., an internet retailer and distributor of imported bottled waters throughout the United States and the Caribbean. Aqua Maestro generated $2.4M in revenues in 2006. The transaction was completed through a combination of cash and the issuance of restricted stock of Global Beverage, as well as the issuance of promissory notes in favor of the stockholders of Aqua Maestro.

Global Beverage believes Aqua Maestro has created a unique niche in the bottled water industry by specializing in upscale brands, mainly European imports. The company and its award-winning website, www.AquaMaestro.com, have grown as the overall trend toward bottled water consumption, fine waters in particular, has accelerated over the past half decade. Aqua Maestro has distributions and exclusive importation rights with many products in their locale, including exclusive US importation rights to Via Natural, Cape Karoo, Fine, as well as exclusive Internet retail sales rights for the United States for brands such as Voss and Gerolsteiner.

"The opportunity for Aqua Maestro to utilize Global Beverage's distributors [Beverage Network of Maryland] and establish collocation of product in their warehousing location in the Baltimore region will immediately benefit Aqua Maestro and its customers," noted Founder of Aqua Maestro, Inc., Gene D. Donney. He continued, "It is a great pleasure to have found such a strategically beneficial investor and partner in Global Beverage Solutions."

Jerry Pearring, CEO of Global Beverage Solutions, also commented, "Gene Donney has a tremendous track record for building companies and we are very excited to bring Aqua Maestro into the Global Beverage network. I expect these agreements will aid in our valuation and provide multiple business synergies which should further accelerate revenue growth in the respective divisions."

If you would like to receive e-mail announcements about Global Beverage Solutions, Inc., additional information, or contact a representative directly please visit us on the web at: http://www.avcg.net/profile/gbvs.

About Global Beverage Solutions, Inc.
Global Beverage Solutions, Inc. (GBVS) invests in a portfolio of companies in the beverage industry. Its portfolio companies include Rudy Beverage, Inc., EON Beverage Group, Inc. and XStream Beverage Network, Inc. For additional information, please visit www.globalbeveragesolutions.com.

About Aqua Maestro, Inc.
Aqua Maestro, Inc. was established in 2002 by Gene D. Donney and his son Gene R. Donney. Since its inception as a private retail home delivery business of gourmet waters to South Floridians, the company has grown to become a bottled water importer and distributor of some 45 brands in the United States and the Caribbean. The Company carries over one hundred seventy different items, with inventory in excess of forty thousand cases, or approximately six hundred thousand bottles. The wholesale client base is spread across North America and the Caribbean, where the company has developed many valuable importation and distribution relationships, including many hotels. Aqua Maestro ships to private retail water lovers in all fifty states and several countries. According to the International Bottled Water Association, the Non-Alcoholic Beverage ("NAB") is the fastest growing beverage sector in the United States. In the United States, bottled water is the fastest growing segment, and high-end bottled water is the fastest growing specialty item in that segment. The overall US bottled water consumption per capita has increased more that 7% every year since 2000; greater than a 40% increase overall. The percentage of "imports" in the US has risen from between 2.4% to 3.4% for the past 5 years.

 
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