Miami-based Southern Wine & Spirits of America Inc. and Glazer's Inc., Dallas, announced the signing of a definitive agreement that will create Southern Glazer's Wine and Spirits LLC. The new company will distribute more than 150 million cases of wine and spirits annually, cover nearly 90 percent of the legal drinking-age population in the United States, employ more than 20,000 team members and have operations in 41 states plus the District of Columbia, the Caribbean and Canada, the companies say. Headquartered in Miami, the new company also will maintain ongoing operations, systems, executives and team members in Dallas, it adds.
Acquisition will give company larger presence in Memphis, Tenn.
July 15, 2013
Dallas-based Glazer’s Inc. has signed a definitive agreement to acquire the majority control of Memphis, Tenn.-based Star Distributing Co., which distributes wine, spirits and specialty items in Memphis for national companies including Diageo North America, Bacardi U.S.A. Inc., Sazerac Co. Inc., Treasury Wine Estates, Möet Hennessy USA, Brown-Forman Corp., Constellation Brands Inc., Beam Inc., Imperial Brands Inc., Luxco, Freixenet USA, Aveniu Brands, Jordan, and Vineyard Brands.
Glazer’s Inc., Dallas, consolidated its fine wine divisions under the new name of D&E Fine Wine Group. Previously known by several different names including Domaines & Estates, Family & Estates, In Vie, and 55 Degrees, the company is unifying these brands to build a new identity, it says. In addition, Glazer’s designed a new logo to portray the fine wine group’s new image, it notes.