Wow, distributor consolidation has certainly dominated the news today. Glazer's Distributors and The Charmer Sunbelt Group just announced plans to form their newest joint-ventures in Alabama and Mississippi. Alliance Beverage of Alabama and Alliance Beverage of Mississippi will combine the companies' existing brokerage operations in the two control states. The transaction is expected to close on April 1. General Wholesale Company, which currently partners with Charmer Sunbelt in both states, will continue their interest in the ventures. Current Glazer's regional president Scott Rawlings will oversee the two states. Steve Young, vp of Georgia-based General Wholesale, will work with Scott as well.
"We are excited to be creating this new joint venture. We have a great track record with Charmer Sunbelt, as evidenced by our successful Arizona business, and look forward to our growth prospects for the Alabama and Mississippi markets," said Glazer's ceo Shelly Stein.
Glazer's has operations in Alabama, Arizona, Arkansas, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Ohio, Oklahoma, Tennessee, and Texas. And CSG operates in Alabama, Arizona, Colorado, Connecticut, Delaware, Florida, Maryland, Mississippi, New Jersey, New York (Metro and Upstate), Pennsylvania, South Carolina, Virginia, and The District of Columbia.
This is the latest expansion-type move from Glazer's. Recall that in November they signed a definitive agreement to purchase Victor L. Robilio Company, also known as "Robilio," therefore entering the TN market.
And recall we reported this morning that Berkshire Hathaway's Empire Distributors expanded in Tennessee with Delta Wholesale of Memphis. Wholesalers are certainly on the move.
Until Monday, Megan
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