Yet Another Big California Distrib Deal

Dear Client: Classic Distributing & Beverage Group, a blue/silver wholesaler serving metro Los Angeles and eastern LA counties, has cut a deal to acquire fellow Southern California wholesaler Haralambos Beverage Company, whose portfolio is primarily non-alc. Terms of the deal, which is expected to close October 11, were not disclosed. The acquisition of Haralambos “opens many doors for us in terms of expanded territory, world-class brands, and great employees to help us along the way,” said Classic president CJ Sanchez