Category Archives: Acquisitions

Reyes Beer to Acquire Redding Distributing

Posted on March 1, 2021 by Joel Whitaker

Harbor Distributing, L.L.C. (Reyes Beer Division) agreed to acquire substantially all of the assets of Redding Distributing Co., Redding, Calif.   The transaction is scheduled to close on Friday, April 30, 2021, and will roll into Reyes Beer Division’s existing Golden … Continue reading →

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Moet Hennessy Takes 50% Stake in Armand de Brignac

Posted on February 22, 2021 by Joel Whitaker

Term weren’t disclosed.  Armand de Brignac has been controlled by Shawn Jay-Z Carter, who said: “We are confident that the sheer power of the Moët Hennessy global distribution framework, its unparalleled portfolio strength and its long-established track record of excellence … Continue reading →

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Grey Eagle to Acquire Mullally Distributing

Posted on February 18, 2021 by Joel Whitaker

Grey Eagle Distributors, St. Louis, sid it acquired Mullally Distributing Co., Cuba, Mp.  Terms weren’t disclosed. The deal will add 10 million cases a year to Grey Eagle’s case count.  Grey Eagle is one of the largest A-B distributors in Missouri. “The … Continue reading →

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American Harvest, Beach Vodka Sold, to Form Base for New 1776 Spirits

Posted on February 18, 2021 by Joel Whitaker

American Harvest and Beach Whiskey have been sold to Darco Capital, the family office for David Adelman, and will form the basis for 1776 Spirits Co., which will be based in Philadelphia. Terms weren’t disclosed. Adelman is a Georgia lawyer who served … Continue reading →

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Update: Grain & Barrel

Posted on February 10, 2021 by Joel Whitaker

We reported a business tie-up between Grain & Barrel and Virgil Kaine yesterday.  There’s a bit more to the story. First, Grain & Barrel “took a material equity stake in Virgil Kane.” Second, the transaction is “part of a developing … Continue reading →

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Private Equity Firm Takes Stake in Oliver Winery; Julie Adams Moves Up to CEO

Posted on January 27, 2021 by Joel Whitaker

Oliver Winery, which sold more than 700,000 cases last year, a 40% jump from 2019, said NexPhase Capital agreed to invest in the winery, which currently distributes its wine in 27 states along with operating a substantial DtC business. It … Continue reading →

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