Sale of Silver Eagle Distributor’s Greater Houston territory completed
Company names new president and chairman
Baltimore-based Redwood Capital Investments LLC announced it has completed the acquisition of the Houston-area territory of Silver Eagle Distributors LP, which includes three counties: Ft. Bend, Montgomery and a significant portion of Harris, the company says. The new company will be known as Silver Eagle Distributors Houston.
“We are delighted that the acquisition is now complete and look forward to continuing to provide our Houston-area customers and consumers with the same outstanding products and service they have come to know and expect from Silver Eagle,” said Ryan Mostrom, principal of Redwood Capital Investments, in a statement.
Robert Boblitt will serve as chairman of the new company and John Johnson will serve as president of Silver Eagle Distributors Houston, according to the company.
Silver Eagle Distributors served the greater Houston and San Antonio communities and was led by John Nau for 33 years. Nau, Boblitt and members of the Nau family will continue to own the greater San Antonio market and Nau will operate the business as chairman and chief executive officer.
“We have great appreciation and respect for John Nau’s leadership that has positioned this company for growth and success and hope to continue his legacy,” Boblitt and Johnson said. “We look forward to leading the outstanding group of employees that make up the Silver Eagle team to continue providing excellent service to our Houston-area customers.”
Founded in 1986 by John L Nau III, Silver Eagle Distributors LP will continue as a member of the St. Louis-based Anheuser-Busch wholesaler family serving the 13-county San Antonio territory.