Reyes Beverage Group made another big push in California, announcing that they have acquired DBI Beverage in the north state. The sale is slated to close in September. The acquisition has been rumored for many months and was no surprise to the industry. DBI is a MillerCoors, Constellation and craft house with a sizable… Read More…
Reyes Beefs Up Cash Fund in Sale of Reinhart
Reyes Holdings, parent company of Reyes Beverage Group, has sold its Reinhart Foodservice company to Food Group for $2 billion in an all-cash deal according to an article in the Wall Street Journal. This is a notable transaction as Reyes Beverage group continues to aggressively expand its beer distribution business. Reyes has been on… Read More…
Texas Brewers Lose Fight to Sell Distribution Rights
The Texas Supreme Court has made a ruling not to hear a challenge to a 2013 state law that prohibits brewers to sell their distribution rights to wholesalers, giving brewers in the state a major setback. The 2013 law makes it illegal for craft brewers to get paid when they assign exclusive distribution rights… Read More…
Middle Tier Consolidation in Memphis
Ajax Distributing Company of Memphis has announced that they will acquire nearby BarDett Distributing. Both are MillerCoors houses. According to an article in ClarksvilleNow.com, both companies are long-time family owned businesses. BarDett was a fourth-generation family owned wholesaler founded 142 years ago and Ajax has been family owned since 1933.
MA Supreme Court Upholds Record Tied-House Fine
The Massachusetts Supreme Judicial Court upheld a record $2.6 million fine against beer wholesaler Craft Brewers Guild for violating anti-price discrimination statutes and commercial bribery regulations. The decision. CBG was fined by the Massachusetts’s Alcoholic Beverages Control Commission in early 2015 for a variety of tied-house “pay-to-play” violations. The Court rejected the CBG… Read More…
Reyes Acquires Central Coast in Calif.
Harbor Distributing, a southern California wholesaler division of Reyes Beverage has acquired Central Coast Distributing, the MillerCoors distributor for San Luis Obispo and the northern area of Santa Barbara counties. Coast also carries some significant craft brands including Sierra Nevada, Boston Beer, Lagunitas and others.
Bill in Oregon to Lower DUI to 0.08 BAC
On December 30th, Utah became the first state to lower the limit for driving under the influence of alcohol from .08 to .05 percent. Now a bill in the Oregon Senate aims to make that state number two. Sen. Peter Courtney, D-Salem and president of the Oregon Senate is gearing up to introduce a bill… Read More…
Trump to Support Ending Federal Ban on Cannabis?
The L.A. Times has reported that President Trump would support a congressional effort to remove the federal government’s ban on cannabis. Ending enforcement against cannabis by the Justice Department would likely stimulate a dramatic increase in the cannabis industry, and could remove the TTB’s ban on CBD oils, hemp and potentially even THC in beer…. Read More…
Key Franchise Legislation Stalls in Mass. Legislature
A set of competing legislative bills addressing franchise laws in Massachusetts has died in committee, dealing the Massachusetts Brewers Guild a setback in the year-long effort to reform franchise law in the state. The Guild put out an urgent “call to action” to beer consumers in the state to request that representatives support two… Read More…
Columbia Acquires Two Wholesalers
Columbia Distributing of Portland, Oregon has made two acquisitions over the course of just a few weeks, purchasing both Oregon-based General Distributors and Marine View Beverage in western Washington. The two deals combined will add about 11 million cases of sales to Columbia. “Columbia is a growth company and we all benefit from this… Read More…
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