Southern Glazer’s Wine & Spirits announced the successful closing of its acquisition of all of the assets of Horizon Beverage Group, Inc. (Horizon), a New England alcohol distributor, including all of Horizon’s operations and wine, spirits and beer portfolio. Effective immediately, Horizon’s operations in Massachusetts and Rhode Island will operate under the name Southern Glazer’s Beverage Company.
The acquisition marks Massachusetts and Rhode Island as the 46th and 47th markets in Southern Glazer’s’ U.S. footprint, alongside operations in Canada and the Caribbean.
“With this acquisition, we’re combining Horizon’s deep regional expertise with Southern Glazer’s advanced technology and robust resources,” said Wayne E. Chaplin, CEO, Southern Glazer’s, in a news release. “We are excited to bring customers and suppliers enhanced tools, data insights, and service offerings that position us to meet and exceed their needs in these vital markets.”
Both Massachusetts and Rhode Island markets will operate as part of Southern Glazer’s East Region, led by Scott Oppenheimer, East Region president, according to the company.
“We are grateful to Horizon’s employees, customers, and partners for so many years of success, and this transition represents an even brighter future for all,” said Bob Epstein in the news release. “We’re confident that Southern Glazer’s strength and scale will not only support a smooth integration, but also create new opportunities for growth and success.”
“We’re committed to maintaining the exceptional service that Horizon is known for while bringing the added benefits of being part of the Southern Glazer’s family,” added Jim Rubenstein. “This partnership ensures stability and growth for all stakeholders and strengthens our ability to deliver value across the board.”
