Craft Brewing and Distilling News for December 20, 2021December 20, 2021
•Reyes Beer Division (RBD) has officially closed its acquisition of Powers Distributing Company in Lake Orion, Michigan, originally announced in October. Financials weren’t disclosed for the deal, which marks Reyes Beer Division’s entry into the Wolverine State, its ninth U.S. market. The acquisition adds roughly 2,800 customers and approximately 5.7 million cases, and includes brands from key suppliers such as Molson Coors, Constellation, Mark Anthony Brands, Boston Beer, Heineken and Diageo. The Powers operations will now do business as Premium Distributors of Michigan. Reyes, the largest beer distributor in the U.S., also has distributorships across California, Florida, Illinois, Indiana, Maryland, South Carolina, Virginia, and Washington, D.C.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.