Miami, FL-based Southern Wine &Spirits of America, Inc. and Glazer's Distributors, Addison, TX, have created a joint venture to provide distribution of wine and spirits in serve 38 states. The venture will operate under the name Southern/Glazer's Distributors of America.
The 38 states served by the new venture account for more than 80% of the wine and spirit sales in the U.S.
Wayne E. Chaplin, president of Southern Wine &Spirits of America, Inc. and will serve as CEO of the new joint venture, said: The combination of the resources of our two great companies will bring greater scale and synergies to the marketplaces we serve and, therefore, allow us to be better partners to both our suppliers and our retailer customers. Given the highly competitive landscape at the distributor level and the ever more consolidated marketplace at the supplier tier, we believe the time is right for a more national-type distribution footprint."
The total customer base of Southern/Glazer's Distributors of America will be 300,000 accounts nationwide, supported by 18,000 associates. The strategic joint venture will create the largest distributor of wine and spirits in the U.S., according to a news release.
Southern Wine &Spirits of America, Inc. currently operates in 30 states, and is a licensed permitee in Nebraska.
Glazer's currently operates 46 offices in 12 states.