Southern Glazer's completes merger

Distribution company runs operations in 44 states, District of Columbia, Carribean, Canada

August 15, 2016

Miami-based SouthernGlazer's Wine and Spirits, LLC announced the completion of the business combination between Southern Wine & Spirits of America Inc., Miami, and Glazer's Inc., Dallas, forming Southern Glazer's. Southern and Glazer's announced Jan. 11 the signing of a definitive agreement to combine their businesses, the company says.

Southern Glazer's is the largest North American wine and spirits distribution company, distributing more than 150 million cases of wine and spirits annually with operations in 44 states plus the District of Columbia, the Caribbean, and Canada, it adds.

"We are very pleased to complete the combination of our two family-owned, industry-leading organizations,”said Harvey R. Chaplin, chairman of Southern Glazer's, in a statement. “We look forward to building on our combined track record in providing our supplier and customer partners with exceptional service and valuable insights — from Canada to the Caribbean and coast to coast."

Bennett Glazer, executive vice chairman of Southern Glazer's, added: "Southern Glazer's is ideally positioned to build on the proud legacies and best practices of our companies to provide unmatched value and superior service for our business partners. Bringing together the best of our organizations has been a valuable process that will continue to clearly differentiate us from the competition."

Shelly Stein, President of Southern Glazer's, said: "Many of our collective employees and advisors have worked extremely hard to get us where we are today. We are fully prepared to operate as one integrated company and we look forward to continuing a smooth and efficient process of combining our two great companies. We are on track to fulfill our mission 'to be the world's pre-eminent selling, logistics and data-insights company for alcoholic beverages.'"

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