Trinity Beverage Acquisition has acquired and recapitalized the assets of Verity Wines and Domaine Select Wine & Spirits from each company’s former secured lender.
Trinity, backed by a consortium of existing wine and spirits brand owners and suppliers, will operate and rebrand the consolidated national import business and regional wholesale business, known formerly as Domaine Select and Verity Wines, respectively.
The go-forward wine & spirits portfolio includes over 140 brands and 700 distinct products from over 20 countries.
Trinity believes that the new organization is uniquely positioned to understand and appreciate the current and wide ranging needs and concerns of wineries and craft distillers in the U.S. market, by having to navigate the complex market themselves as suppliers. The newly consolidated assets are positioned to benefit from the accelerating consumer demand, the company says, as the effects of COVID-19 mitigate, trade tariffs subside and the on-premise market normalizes.
Trinity currently operates as a national importer under the Trinity Beverage Group name and regional wholesaler in the states of NY, NJ and PA.