Blank Rome represented subsidiaries of our client Breakthru Beverage Group, LLC in three separate but related transactions.
- We represented Arizona Beverage Distributing Co., LLC, a subsidiary of Breakthru Beverage Group, LLC, in its purchase of a 50% ownership interest in Alliance Beverage Distributing Co., LLC from Cactus Beverage Distributing Company. Alliance Beverage is a company that is engaged in the beverage alcohol distribution business in the state of Arizona.
- We represented Sunbelt Brokerage Acquisition Company, LLC, a subsidiary of Breakthru Beverage Group, LLC in the sale of its 25% ownership interest in Alliance Beverage of Mississippi, LLC to Cactus Beverage Distributing Company.
- We represented Sunbelt Brokerage Acquisition Company, LLC a Subsidiary of Breakthru Beverage Group, LLC, in the sale of its 25% ownership interest in Alliance Beverage of Alabama, LLC to Cactus Beverage Distributing Company.
These three transactions amounted to the separation between Breakthru Beverage and its former partner, Glazer’s, and is related to Glazer’s pending combination with Southern Wines & Spirits. These three companies are three of the four largest alcohol beverage distribution businesses in the U.S.