"We are very pleased to complete the combination of our two family-owned, industry-leading organizations. We look forward to building on our combined track record in providing our supplier and customer partners with exceptional service and valuable insights—from Canada to the Caribbean, and coast to coast."
Southern Glazer’s Wine and Spirits, LLC (“Southern Glazer’s") today
announced the completion of the business combination between Southern
Wine & Spirits of America, Inc. (“Southern") and Glazer’s, Inc.
(“Glazer’s"), forming Southern Glazer’s. Southern and Glazer’s announced
the signing of a definitive agreement to combine their businesses on
January 11, 2016.
Southern Glazer’s is the largest North American wine and spirits
distribution company, distributing more than 150 million cases of wine
and spirits annually, and employing more than 20,000 team members with
operations in 44 states plus the District of Columbia, the Caribbean,
and Canada.
Harvey R. Chaplin, Chairman of Southern Glazer’s, said, “We are very
pleased to complete the combination of our two family-owned,
industry-leading organizations. We look forward to building on our
combined track record in providing our supplier and customer partners
with exceptional service and valuable insights—from Canada to the
Caribbean, and coast to coast."
Bennett Glazer, Executive Vice Chairman of Southern Glazer’s, commented,
“Southern Glazer’s is ideally positioned to build on the proud legacies
and best practices of our companies to provide unmatched value and
superior service for our business partners. Bringing together the best
of our organizations has been a valuable process that will continue to
clearly differentiate us from the competition." Wayne E. Chaplin, Chief
Executive Officer of Southern Glazer’s, added, “We like to say that ‘big
is the new small,’ by which we mean that Southern Glazer’s new
structures, resources, tools, and capabilities will serve customers and
suppliers in more tailored and impactful ways than ever before. We have
built a unified and experienced leadership team that is truly
world-class, drawing from the best of both Southern and Glazer’s and
elsewhere. In the months and years ahead, our single highest priority
will be working together seamlessly to be the distributor of choice for
our valued suppliers and customers."
Shelly Stein, President of Southern Glazer’s, concluded, “Many of our
collective employees and advisors have worked extremely hard to get us
where we are today. We are fully prepared to operate as one integrated
company and we look forward to continuing a smooth and efficient process
of combining our two great companies. We are on track to fulfill our
mission ‘to be the world’s preeminent selling, logistics, and data
insights company for alcoholic beverages.’"
About Southern Glazer’s Wine and Spirits, LLC
Southern Glazer’s Wine and Spirits, LLC is North America’s largest wine
and spirits distributor, and the preeminent data insights company for
alcoholic beverages. The Company has operations in 44 U.S. states and
the District of Columbia, Canada, and the Caribbean, distributes more
than 150 million cases of wine and spirits annually, and employs more
than 20,000 team members.
Southern Glazer’s urges all retail customers and adult consumers to
market, sell, serve, and enjoy its products responsibly.
Contact:
Press Contact:
Mark Semer
Kekst
Office: (212) 521-4800
Email: mark.semer@kekst.com
Lee Brian Schrager
or
Southern Glazer’s Wine and Spirits, LLC
Senior Vice President, Communications and Corporate Social Responsibility
Office: (305) 625-4171, ext. 1040
Mobile: (786) 417-5164
Email: leeschrager@southernwine.com