Trade Resources Company News Reyes Beverage Has Agreed to Acquire Substantially All of The Assets of ABI

Reyes Beverage Has Agreed to Acquire Substantially All of The Assets of ABI

Harbor Distributing, a Reyes Beverage Group company, has agreed to acquire substantially all of the assets of Allied Beverages Inc (ABI), a wholesale beverage distributor in Northwest Los Angeles, Ventura, and Santa Barbara counties.

Reyes Subsidiary Harbor Distributing to Buy Allied Beverages

Allied Beverages distributes more than 12 million cases of beer from warehouses in Sylmar, Camarillo and a soon-to-be-completed warehouse in Ventura, California to 4,100 licensed retailers across northwest Los Angeles, Ventura and Santa Barbara Counties.

Harbor Distributing, operating as Allied Beverages, will continue to distribute beer from brewers and importers, including Crown Imports, Diageo-Guinness USA, Heineken USA, MillerCoors and Pabst.

The portfolio will also include beers from national craft breweries Boston Beer, Deschutes Brewery, Dogfish Head and New Belgium, as well as some of the California's craft breweries, including Anchor Brewing, Ballast Point Brewing, Firestone Walker Brewing, Green Flash Brewing, Golden Road Brewing Company, Lagunitas Brewing, Mendocino Brewing and Sierra Nevada Brewing.

Harbor Distributing president Tom Reyes told Brewbound: "We anticipate a smooth transition for our new customers and the Allied team, and we look forward to strengthening our relationships with Allied's suppliers."

The transaction is anticipated to close in January, and will result in an expansion of Harbor's operations in Southern California.

Image: Harbor, operating as Allied Beverages, will continue to distribute beer from brewers and importers. Photo courtesy of FreeDigitalPhotos.net/Naypong.

Source: http://beer.drinks-business-review.com/news/reyes-subsidiary-harbor-distributing-to-buy-allied-beverages-131113
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Reyes Subsidiary Harbor Distributing to Buy Allied Beverages