The Reyes Beer Division has struck a deal to acquire Greenco Beverage in Greenville, South Carolina. Financial terms of the transaction were not disclosed. The deal is expected to close on September 24.
The Reyes Beer Division remains a very active acquirer in the state of California. The largest beer wholesaler in the U.S. continued to add to its business in the state today as its Harbor Distributing subsidiary signed an agreement to acquire Redding Distributing Company in Northern California.
Reyes Beer Division is expanding its Southern California operations with plans to add two new warehouses for its Gate City Beverage and Harbor Distributing subsidiaries.
Industry watchdog group Alcohol Justice is urging California Attorney General Xavier Becerra to conduct an independent investigation of Anheuser-Busch InBev and Reyes Holdings for what it believes could be antitrust violations related to acquisitions each company has made in the state.
We have a trade. The Reyes Beer Division today announced an agreement to swap brands in Virginia with Sheehan Family subsidiary Specialty Beverage of Virginia.
Diageo, the importer of Guinness and Harp, has struck an agreement to move its brands from Watsonville-based Couch Distributing and South San Francisco-based Matagrano, Inc. to the Reyes Beer Division in California.
Bell’s Brewery’s portfolio will be excluded from the sale of Indianapolis-headquartered Monarch Beverages to the Reyes Beer Division, after the Comstock, Michigan-based regional craft brewer informed its distributors last year it would not allow its brands to be sold to certain successors.
Another big wholesaler deal is going down, further consolidating the middle tier. Reyes Beer Division has struck an agreement to acquire the assets of Indianapolis, Indiana-based Monarch Beverage.
The Reyes Beverage Group announced plans today to merge operations of its Chicagoland wholesalers — Windy City Distributing and Chicago Beverage Systems — into one company by mid-October.
The California distribution shuffle now includes New Belgium. The Fort Collins, Colorado-headquartered craft brewery notified six primarily Anheuser-Busch wholesalers in Southern California and eight Chicago area Molson Coors wholesalers of plans to terminate their distribution contracts without cause.
Reyes Beer Division subsidiary Harbor Distributing has signed an agreement to acquire the assets of Elyxir Distributing LLC in the Monterey Bay Area (Santa Cruz, Monterey, and San Benito) of California, the company announced today in a press release.