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Kahn Goes Statewide In Tennessee With B&T Acquisition

November 2, 2015

Kahn Ventures has acquired B&T Distributing of Knoxville, in a move that Kahn says will make it the first spirits and wine distributor with a statewide presence in Tennessee. Kahn, which already owned two Tennessee wholesalers—Nashville’s Horizon Wine & Spirits and Memphis-based Delta Wholesale—is a subsidiary of food distribution giant McLane Co., which is controlled by Warren Buffett’s Berkshire Hathaway firm. Tennessee’s middle tier is more fragmented than most open markets, largely because of that state’s franchise laws. B&T was founded in 1961 and has been led by Bob and Jim Petrone since the early 1980s. Kahn also operates in Georgia, North Carolina and Colorado.

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