Great Lakes Wine & Spirits agreed in principle to sell its beer distribution rights in Traverse City and Petoskey to Alliance Beverage Distribution LLC. Terms weren’t disclosed.
Alliance may also acquire warehouses in those cities.
Both Great Lakes and Alliance distribute products in the MillerCoors family of brands. Great Lakes a number of craft beers, including Ludington-based Starving Artist Brewing Co., Grand Rapids-based Schmohz Brewing Co. and Latitude 42 Brewing Co. of Portage, as well as national producers including Green Flash Brewing Co., Alaskan Brewing Co. and Anchor Brewing.
Great Lakes wants to focus on its core wine and spirits business and recently acquired Fabiano Brothers Distributing Inc.