News Summary
Southern Glazer’s Wine & Spirits is set to acquire Anheuser-Busch’s distribution operation in New York City, creating a new division to manage various beverage brands. This move aims to enhance Southern Glazer’s competitiveness in the local market, while retaining all current employees at the facility. The partnership is viewed as beneficial by both companies, allowing Southern Glazer’s to grow its footprint and Anheuser-Busch to strengthen its distribution capabilities in one of the largest urban centers in the U.S.
New York City – Southern Glazer’s Wine & Spirits has announced it will acquire Anheuser-Busch’s distribution operation in New York City, marking a significant expansion for the beverage distributor. The transaction, revealed on August 20, 2023, includes the creation of a new division named Southern Glazer’s Beverage Company of New York which will take over the distribution of various products across Manhattan, Queens, Staten Island, and the Bronx.
The new division will manage Anheuser-Busch’s entire product portfolio, which encompasses well-known beer brands such as Budweiser and Busch Light along with spirits-based ready-to-drink beverages and the newly introduced Phorm Energy line. This acquisition is expected to enhance Southern Glazer’s operations in the competitive New York market.
To lead the new division, Southern Glazer’s has appointed Devyn Dugger, a seasoned professional with over 20 years of experience in the Anheuser-Busch independent beer wholesaler network. The appointment of Dugger is anticipated to facilitate the transition and ensure the division operates smoothly.
In addition to the strategic acquisition of Anheuser-Busch’s products, Southern Glazer’s has committed to retaining all current employees at the Bronx facility, which is expected to support a seamless operational integration. Mark Chaplin, president of commercial sales at Southern Glazer’s, stressed the company’s extensive experience and established presence in the New York City market, indicating confidence in the growth potential of the new division.
Anheuser-Busch’s CEO Brendan Whitworth expressed that Southern Glazer’s is a fitting partner for this distribution partnership, particularly due to its family-owned business model, which aligns with the company’s values and distribution priorities. The collaboration is viewed as beneficial for both parties, allowing Southern Glazer’s to expand its footprint while Anheuser-Busch fortifies its distribution capabilities in one of the nation’s largest urban centers.
This acquisition not only symbolizes a new chapter for Southern Glazer’s but also reinforces Anheuser-Busch’s commitment to strengthening its market presence through collaborative efforts. The deal is expected to close later in 2023, and stakeholders from both companies are optimistic about the prospects this partnership fosters for future growth and innovation in the beverage industry.
With this move, Southern Glazer’s aims to position itself to effectively distribute Anheuser-Busch’s renowned brands in a vital consumer market, making a strategic decision to enhance its operational capabilities while leveraging existing resources and workforce in New York City.
The effects of this acquisition will likely resonate throughout the beverage distribution landscape, as Southern Glazer’s expands its operational reach and taps into Anheuser-Busch’s established brand loyalty in the Big Apple.
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- The Drinks Business
- Wikipedia: New York City
- Just Drinks
- Google Search: Southern Glazers Anheuser-Busch distribution acquisition
- The Spirits Business
- Google Scholar: Southern Glazers distribution
- Brewbound
- Encyclopedia Britannica: distribution business
- BevNET
- Google News: beverage industry acquisition
Author: STAFF HERE NEW YORK WRITER
NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at HERENewYork.com, your go-to source for actionable local news and information in New York, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.
