Southern Glazer’s Wine & Spirits has acquired certain assets of Epic Wine & Spirits, the distribution division of Foley Family Wines. Simultaneously, Foley Family Wines signed a national distribution agreement with SGWS. Financial terms were not disclosed.
Foley Family Wines was founded by Bill Foley in 1996 and has a sizeable portfolio of well-known brands including: Chalone Vineyard, Merus, Chalk Hill, Sebastiani and most recently Ferrari-Carano.
“The national partnership with Southern Glazer’s Wine & Spirits is the right next step for Foley Family Wines,” said Shawn Schiffer, President of Foley Family Wines. “We are confident that the industry-leading scale and strategies of Southern Glazer’s will position Foley Family Wines for exponential growth.”
Southern Glazer’s Wine & Spirits is the largest wholesaler in the U.S. with operations in 44 states and D.C. The deal coincides with the launch of SGWS’ new Fine Wine and Artisanal spirits strategy.
Further reading: Wine Industry Network