Wednesday 11th August 2010
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Former Fisher Funds chief investment officer Warren Couillault has invested in New Zealand's leading ready-to-serve cocktail maker VNC Cocktails.
Couillault had become a new cornerstone investor. He is an institutional investor and fund manager specialising in growth companies with more than 18 years of investment experience.
Couillault says he is "excited about the prospects of this innovative fast growing company."
VnC Cocktails Managing Director Shane McKillen said: "Having an investor of Warren's calibre involved in VnC Cocktails further strengthens the team and places the company in a good position for future growth."
Couillault has joined the board of directors and will be actively involved in the company helping to drive its global growth strategy.
VNC has also signed a distribution deal with Whyte & Mackay to launch into the UK market. Whyte & Mackay UK Commercial Director Shane Starkey, says "growth in the ready to drink market is expected to come from pre mixed cocktails and spirits."
Growth is expected to double in the next five years.
VnC Cocktails was established by 42 BELOW Vodka founder Shane McKillen.
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