Corwin Selling Non-Alc Portfolio to PepsiCo; Who Will Buy its Craft Wholesalers?

Dear Client: Southwest Washington's Corwin Beverage Company, which started out as Pepsi Cola of Vancouver in 1941, "has decided to exit the highly competitive beverage distribution business," per statement Corwin shared with BBD, and as CBD reported (via Washington Beer Blog) yesterday.   "Longtime partner" PepsiCo will acquire the non-alcohol division of Corwin.  But here's where it gets interesting: "Concurrently, the company is actively exploring transition options regarding its craft beverage business through assignments to other distributors in accordance with its