Southern Wine to acquire Sterling Distributing Co.

Southern Wine & Spirits of America will acquire Nebraska-based spirits wholesaler Sterling Distributing Company.

Southern Wine & Spirits of America has agreed to purchase Sterling Distributing Company

Details of the acquisition have not been disclosed, but the acquisition will be finalised at the end of February 2016.

When Southern Glazer’s Wine and Spirits LLC closes in the second quarter of this year, Sterling will be integrated into the new organisation – Southern Glazer’s Wine & Spirits.

“The Sterling distributing Company is a great family-owned business with a talented workforce and a long-standing reputation in the state,” said Wayne E. Chaplin, president and CEO of Southern.

“Southern is honoured by the opportunity to work with and learn from the Sterling leadership and employees deeply engrained in the market and to bring our industry best practices and expertise to the Nebraska market.

“We anticipate a smooth transition with no disruption for employees, suppliers and customers alike.”

Last month, family-run distributors Southern Wine & Spirits of America and Glazer’s Inc announced an agreement to form Southern Glazer’s Wine & Spirits, making it the largest wine and spirits distribution firm in North America.

“This is an exciting time for our company, as we expect that Southern will take our business to the next level in the beverage alcohol industry,” commented Greg Alevizos, chairman of Sterling Distributing Company.

“We are confident Southern will continue Sterling’s heritage of providing superior stewardship of our exceptional supplier brands, outstanding service to our customers and exciting career opportunities for our dedicated and capable employees.”