Category Archives: Acquisitions

WSWA: There’s No Competitive Problem When It Comes to W&S Wholesalers

Posted on August 22, 2021 by Joel Whitaker

In 1983, when I acquired Frank Kane’s Weekly Letter, now Kane’s Beverage Week, there were typically 10 wholesalers in any one state distributing alcohol beverages.  Typically, those wholesalers did not cover an entire state.  In the late 1980s, encouraged by major … Continue reading →

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FTC Said Probing Uber’s Plan to Acquire Drizly

Posted on August 11, 2021 by Joel Whitaker

That’s according to a report citing a document and “sources familiar with the matter.”  We checked with the Securities & Exchange Commission, and Uber hasn’t filed any document to confirm the report.  The Federal Trade Commission hasn’t responded to our … Continue reading →

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Eastside Distilling Plans to Double Shares to Fund Growth

Posted on August 3, 2021 by Joel Whitaker

Eastside Distilling Inc., Portland, Ore., is asking shareholders to approve doubling its share outstanding as part of a three-year strategic brand that involves transforming its craft canning and bottling business and using the resulting cash flow to expand distribution and … Continue reading →

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Terold Purchases Majority Stake in WX Brands

Posted on August 2, 2021 by Joel Whitaker

Terold, a company owned by members of the Bemberg Family Group, have announced that Terold has purchased a majority stake in WX Brands effective July 30, 2021.  Terms weren’t disclosed. “WX Brands has built a strong business based on sound … Continue reading →

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Spiribam Acquires Joseph Cartron

Posted on July 21, 2021 by Joel Whitaker

Spiribam, a unit of Groupe Bernard Hayot dedicated to bringing “the finest Caribbean rum to the U.S., acquired Joseph Cartron Co., a producer of more than 70 fruit liqueurs and traditional eaux-de-vies in Nuits-Saint-Georges, Burgundy, France. Spiribam’s portfolio includes Rhum … Continue reading →

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Reyes Beer Division Buys Greenco Beverage

Posted on July 19, 2021 by Joel Whitaker

Reyes Beer Division agreed to buy the assets of Greenco Beverage Co. in Greenville, S.C. The transaction is scheduled to close on September 24, 2021.  Terms weren’t disclosed. The acquisition will add approximately 200 customers and 2.8 million cases and … Continue reading →

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