Blavod Wines & Spirits developed and owns the Blavod Black Vodka brand and other brands. It also has a spirits distribution operation. Blavod Black Vodka, as it was then, raised £4.15m at 98p a share when it joined Aim in February 2001. At the time the company was valued at £14m. Blavod merged with Extreme Spirits at the beginning of 2004 but this deal was unwound in October 2007.