Form 8-K

0001045969-03-000098.txt : 20030128 0001045969-03-000098.hdr.sgml : 20030128 20030128152105 ACCESSION NUMBER: 0001045969-03-000098 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030128 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL EUROPEAN DISTRIBUTION CORP CENTRAL INDEX KEY: 0001046880 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-BEER, WINE & DISTILLED ALCOHOLIC BEVERAGES [5180] IRS NUMBER: 541865271 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24341 FILM NUMBER: 03527806 BUSINESS ADDRESS: STREET 1: PALM TOWER BUILDING STREET 2: 1343 MAIN STREET SUITE 301 CITY: SARASOTA STATE: FL ZIP: 34236 BUSINESS PHONE: 9413301558 MAIL ADDRESS: STREET 1: PALM TOWER BUILDING STREET 2: 1343 MAIN STREET SUITE 301 CITY: SARASOTA STATE: FL ZIP: 34236 8-K 1 d8k.htm FORM 8-K Form 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 28, 2003

(Date of Report)

Central European Distribution Corporation

(Exact name of registrant as specified in its charter)

Delaware		0-24341		54-1865271
(State or other jurisdiction of incorporation)		(Commission file number)		(IRS employer identification number)

1343 Main Street, Suite 301, Sarasota Florida 34236

(Address of Principal Executive Offices)

Registrants telephone number, including area code: (941) 330-1558

Item 5. Other Events.

On January 24, 2003, Central European Distribution Corporation issued a press release announcing that it signed a letter of intent to acquire Dako Galant Company. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits.

Exhibit No.		Description

99.1		Press Release dated January 24, 2003 regarding letter of intent to acquire Dako Galant Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Central European Distribution Corporation

Date: January 24, 2003	By:	/s/ James Archbold
		James Archbold
		Secretary

EX-99.1 3 dex991.htm PRESS RELEASE DATED JANUARY 24, 2003 Press Release dated January 24, 2003

Central European Distribution Corporation Signs Letter of Intent to Acquire

Strategic Alcohol Beverage Distributor in the Northwestern Region of Poland

SARASOTA, Fla., Jan. 24 /PRNewswire/ — Central European Distribution Corporation (Nasdaq: CEDC), announced today that it has signed a Letter of Intent to acquire Dako Galant Company, a distributor of beers, wines and spirits in the northwestern region of Poland with net sales of approximately $53 million in 2002. The price to be paid will be approximately 2.2 million USD in the form of cash and shares. This proposed acquisition would be CEDC’s eighth acquisition since its initial public offering in 1998. The transaction is subject to the completion of CEDC’s due diligence and the signing of definitive agreements. The acquisition is expected to close in early second quarter 2003 and is expected to be immediately accretive to CEDC’s earnings.

William Carey, President and CEO of CEDC, said, “Our eighth acquisition will give us approximately an additional 1,000 clients in the northwestern region of Poland, as well as the opportunity to consolidate the number of warehouse depots that service the northwestern region. We will continue our acquisition strategy in 2003 as we look for those alcohol distribution companies that fill market voids.”

CEDC is one of the leading importers of beers, wines and spirits, as well as the largest distributor of domestic vodka on a nationwide basis in Poland. The Company operates thirty regional distribution centers in major urban areas throughout Poland. It distributes many of the world’s leading brands, including brands such as Johnnie Walker Scotch, Stock Brandy, Sutter Home, Torres, Mondavi and Concha y Toro wines, Corona, Beck’s, Foster’s, Budweiser Budvar and Guinness Stout beers.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise unless required to do so by the securities laws. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements included in the Company’s Form 10-K for the fiscal year ended December 31, 2001, and other periodic reports filed with the Securities and Exchange Commission.

Please visit our web site at www.ced-c.com or contact:

James Archbold

Director of Investor Relations

Central European Distribution Corporation

941-330-1558