Anheuser Busch is selling its company-owned beer distribution operations in Oakland, California to two independently owned wholesalers in the region.
Markstein Sales Co. and Matagrano Inc., both AB distributors in surrounding Bay Area communities, will take over the sales and distribution of AB products that have been serviced by AB. Markstein Sales will absorb the Oakland territory and Matagrano will fold the AB brands into its San Jose and northern Santa Clara County regions.
The AB-owned warehouse in Oakland will be shutdown and Marstein and Matagrano will consolidate operations into their existing warehouses. Approximately 140 jobs will be lost.
More details here.