REYES BEVERAGE GROUP ACQUIRES CHESBAY DISTRIBUTING COMPANY
Today, Chesbay Distributing, L.L.C., a wholly-owned subsidiary of Reyes Holdings, L.L.C., acquired substantially all of the assets of Chesbay Distributing Company in Chesapeake, Virginia from the Sampson family. The acquisition expands Reyes Beverage Group’s territory in the Mid-Atlantic region, augmenting the company’s Premium Distributors of Maryland, Premium Distributors of Washington D.C. and Premium Distributors of Virginia operations.
David K. Reyes, Chief Executive Officer of Reyes Beverage Group, said, “We are thankful to have terrific supplier partners and proud to represent their brands as we grow together. We thank the Sampson family for their friendship of nearly 25 years and are committed to continuing the great work they have done with Chesbay in serving the needs of their suppliers and customers in the Chesapeake Bay marketplace.”
Chesbay Distributing Company is a 6 million case beer distributor operating out of a state-of-the-art warehouse in Chesapeake, Virginia. Under Reyes Beverage Group, Chesbay will continue to serve retailers with a broad portfolio of beer from some of the world’s most recognized brewers and importers including MillerCoors, Heineken USA, Crown Imports, Boston Beer Company, Yuengling, and Mike’s Hard Lemonade Co., among others. Patrick Collins joins Chesbay as President.
James V. Reyes, Director of Reyes Beverage Group said, “We have been selling beer in Virginia since 1988, and bringing Chesbay Distributing Company into Reyes Beverage Group is a major milestone for us. We love doing business in the Commonwealth of Virginia. With the addition of the great employees of Chesbay to Reyes Beverage Group, together with our Martin Brower and Reinhart Foodservice operations, Reyes Holdings employs nearly 1,000 citizens of Virginia to meet the needs of over 8,500 Virginia retailers."
- Posted in: Press Releases
- December 01, 2012