Grokking A-B’s Pestalozzi Agreement Termination at 2X Gross

Dear Client: As we wrote yesterday, A-B is fronting a new umbrella wholesaler agreement for all for their wine and spirits brands, like newly acquired Cutwater Spirits and Babe wines.  First off, if A-B distributors want to get in on this action, they gotta get a state wine/spirits wholesale license. Second, they gotta sign the Pestalozzi Agreement, which reads more like a wine and spirits agreement than a beer agreement, with a few departures. In many ways it's the same