Dallas-based Glazer’s Inc. signed a definitive agreement to acquire the majority control of Memphis, Tenn.-based Star Distributing Co., which distributes wine, spirits and specialty items in Memphis for national companies including Diageo North America
Dallas-based Glazer’s Inc. signed a definitive agreement to acquire the majority control of Memphis, Tenn.-based Star Distributing Co., which distributes wine, spirits and specialty items in Memphis for national companies including Diageo North America, Bacardi U.S.A. Inc., Sazerac Co. Inc., Treasury Wine Estates, Möet Hennessy USA, Brown-Forman Corp., Constellation Brands Inc., Beam Inc., Imperial Brands Inc., Luxco, Freixenet USA, Aveniu Brands, Jordan, and Vineyard Brands. This acquisition, which is subject to normal and customary conditions and approvals, will give the company a significant market presence in Memphis, the company says.
In addition, the distributor also consolidated its fine wine divisions under the new name of D&E Fine Wine Group. Previously known by several different names including Domaines & Estates, Family & Estates, In Vie, and 55 Degrees, the company is unifying these brands to build a new identity, it says. In addition, Glazer’s designed a new logo to portray the fine wine group’s new image, it notes.
“Glazer’s genuinely has an interest in allocating resources to the fine wine business, and our management team is committed to its outstanding brand quality and service excellence,” said Jim Oliver, senior vice president of D&E Fine Wine Group, in a statement. “While the D&E branding is new, the quality of the products we represent and our current and future commitment to our employees, customers, suppliers and prospective suppliers remains the same. We have a new name and a new logo, but our organizational structure and goals are unchanged and are a vital part of our company’s culture.”