The Reyes Beer Division will acquire “substantially all the assets” of Powers Distributing in Lake Orion, Michigan, the company announced today. The Powers deal will add about 5.7 million cases to Reyes’ business.
Reyes Beer Division CEO Tom Day challenged the notion that competition in California’s beer market has suffered due to his company’s expansion efforts in the Golden State, according to a letter from the leader of the United States’ largest beer wholesaler to the U.S. Department of the Treasury.
Reyes Beer Division has officially closed on its acquisition of Greenco Beverage Company in Greenville, South Carolina. The new operations will now do business as Greenco Distributing.
Reyes Beer Division’s Gold Coast Beverages has struck a deal to acquire “certain brand distribution rights” from Brown Distributing in West Palm Beach, Florida, according to an internal email seen by Brewbound.
Reyes’ appetite for acquisitions, especially in California, has yet to be satiated. The largest beer wholesaler in the U.S. today announced an agreement to acquire a large share of Classic Beverage’s beer portfolio in Southern California.
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.