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Dear Client: Following January’s storm-driven mess [see BBD 03-15-2026], February supply data from the Beer Institute looks better – but not exactly good. DOMESTIC SHIPMENTS UP A SLIVER ON SUPER SOFT COMP. Domestic shipments in February totaled 10.2 million barrels, up 0.2%, a clear improvement from January’s 9.5% drop. Though mind you, this hair of growth comes against a super soft comp, with February domestic shipments down 16.1% last year – the easiest comp on the 2026 calendar. STATE SHIPMENTS
KEG 1 Enters into Agreement to add Pine State’s Maine and New Hampshire Operations
Dear Client: KEG 1 is adding new states to its footprint: Pine State Trading Co.’s Maine and New Hampshire operations. The companies have entered into a “definitive agreement” for Pine State — a “premier total beverage distributor” with large beer brands and notable wine and spirits players — to join the platform. The deal, which involves a controlling equity investment to create KEG 1 Pine State, is expected to close in Q2 2026. MAKE IT ABOUT 140 MILLION CASES. It’s
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