Reyes’ Expansion Continues With Paradise PurchaseOctober 6, 2022
Reyes Beer Division (RBD) has agreed to acquire Paradise Beverages, Inc. in the state of Hawaii. The transaction is scheduled to close in early December. The acquisition adds more than 2,300 customers and roughly 8.9 million cases to RBD’s overall operations, and includes brands from key suppliers such as Molson Coors, Constellation, Boston Beer, Diageo, Heineken USA, and Maui Brewing. RBD will operate the business as Hawaii Beverage, LLC and will maintain all five existing distribution facilities across the state.
“On the heels of announcing new business in Tennessee and Texas, we are humbled by this opportunity in Hawaii,” said Tom Day, CEO of Reyes Beer Division. “We are fortunate to be in the position of accelerated growth that we’re in today.” The largest beer distributor in the U.S., Reyes delivers approximately 300 million cases annually to almost 100,000 retail accounts across the nation.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.