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Tag Archive: Charmer Sunbelt

Industry Leaders Gather In New York To Pay Tribute To Ray Herrmann

Family, friends and colleagues are gathering today in New York City to attend a memorial service honoring the life of Ray Herrmann, the late Breakthru Beverage chairman emeritus, who died on August 21, at 100 years of age. Continue reading →

Posted in News on November 12, 2021

Ray Herrmann, Drinks Industry Icon, Dies at 100

Legendary drinks industry executive Ray Herrmann has passed away at the age of 100. One of the leading lights of the wine and spirits business with a career spanning more than half a century, Herrmann played a key role in the formation of the U.S. distribution landscape as it stands today, led by giants like Southern Glazer’s Wine & Spirits, Republic National Distributing Co., and Breakthru Beverage—a $6.1 billion behemoth of which he remained chairman emeritus up to his death. Continue reading →

Posted in News on August 23, 2021

Breakthru Denies Allegations Made Against Top Execs In Empire Merchants’ Federal Lawsuit

Hours after a federal lawsuit was filed against some of its top executives, Breakthru Beverage issued a statement denying the allegations made in the complaint and said it will fight back aggressively.  Continue reading →

Posted in News on September 21, 2016

Exclusive: Empire Merchants, NY’s Largest Distributor, Files Federal Fraud Charges Against Part-Owner Charles Merinoff

Empire Merchants, New York’s biggest spirits and wine distributor, has fired CEO Lloyd Sobel and filed suit against co-owner Charlie Merinoff, claiming in federal court that the two men—and others, including Breakthru Beverage CEO Greg Baird—defrauded the company through their involvement in an interstate smuggling scheme. Continue reading →

Posted in News on September 20, 2016

Empire Strikes Back, Extending Partnership With Moët Hennessy USA In New York

Moët Hennessy USA has extended its alliance with Empire Merchants via a long-term contract for the New York market, giving Empire a boost six months after the distributor was dealt a severe blow with the loss of the Bacardi business. Continue reading →

Posted in News on July 26, 2016

Special Report: After Southern-Glazers And Breakthru Megadeals, More Consolidation Expected

Consolidation has been an ongoing trend in spirits and wine distribution for decades, but it reached new heights in recent months, when two megadeals reshaped the middle tier. Continue reading →

Posted in News on April 14, 2016

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