The Road to 300 Million Cases

Dear Client: Reyes Beer Division struck again with yesterday's announcement that it will purchase Capitol Wright Distributing, the 16 million case Molson Coors - Constellation et al distributorship serving Austin and surrounding counties, just three weeks after announcing the purchase of DET Distributing in Nashville, pushing Reyes north of 300m cases and 10% of total U.S. beer volume.  The Reyes' M&A formula we referred to then -- purchasing distributors in growing metro areas with Constellation -- continues to bear fruit