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Southern Glazer's Wine & Spirits completes acquisition of Horizon Beverage Group, Inc. to expand U.S. footprint

PRIVATEDec 27, 2024

Acquiring Company

Southern Glazer's Wine & Spirits

Acquired Company

Horizon Beverage Group

United StatesNortonManufacturingManufacturingFood and Beverage

Description

Southern Glazer's Wine & Spirits has successfully acquired substantially all of the assets of Horizon Beverage Group, Inc. This strategic acquisition adds Massachusetts and Rhode Island as the 46th and 47th markets in its U.S. footprint, alongside operations in Canada and the Caribbean, and combines Horizon’s regional expertise with Southern Glazer’s advanced technology and robust resources.

Quick answer

Southern Glazer's Wine & Spirits is acquiring Horizon Beverage Group, announced December 27, 2024. Southern Glazer's Wine & Spirits is based in United States.

How much did Southern Glazer's Wine & Spirits pay for Horizon Beverage Group?
The deal value was not disclosed.
What does Southern Glazer's Wine & Spirits do?
Southern Glazer's Wine & Spirits is the world’s preeminent distributor of beverage alcohol.
Where are Southern Glazer's Wine & Spirits and Horizon Beverage Group based?
Southern Glazer's Wine & Spirits is based in United States. Horizon Beverage Group is based in Norton, Massachusetts, United States.
Who are the decision-makers at Southern Glazer's Wine & Spirits?
Fundz holds 3 contacts at Southern Glazer's Wine & Spirits. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Food and Beverage and Manufacturing

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Southern Glazer's Wine & Spirits

Location

United States

About

Southern Glazer's Wine & Spirits is the world’s preeminent distributor of beverage alcohol. The multi-generational, family-owned Company has operations in 44 U.S. states, the District of Columbia, and Canada, as well as brokerage operations through its WEBB Banks division in the Caribbean, Central and South America.

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Frequently asked

Who acquired Horizon Beverage Group?

Horizon Beverage Group was acquired by Southern Glazer's Wine & Spirits, based in United States. The deal was reported on December 27, 2024. Southern Glazer's Wine & Spirits is the world’s preeminent distributor of beverage alcohol. The multi-generational, family-owned Company has operations in 44 U.S. Southern Glazer's Wine & Spirits is privately held and operates in Manufacturing.

When did Southern Glazer's Wine & Spirits acquire Horizon Beverage Group?

Southern Glazer's Wine & Spirits's acquisition of Horizon Beverage Group was reported on December 27, 2024. Southern Glazer's Wine & Spirits has successfully acquired substantially all of the assets of Horizon Beverage Group, Inc. This strategic acquisition adds Massachusetts and Rhode Island as the 46th and 47th markets in its U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Horizon Beverage Group do?

Horizon Beverage Group, Inc. is one of the largest beverage alcohol distributors in New England, with long-standing supplier relationships with top beer, wine, and spirits brands. It is privately held, operating in Manufacturing, and is based in Norton.

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