Southern Glazer’s Wine & Spirits Closes Acquisition of Clare Rose Inc.

Deal Summary

Southern Glazer’s Wine & Spirits announced the closing of its acquisition of the assets of Clare Rose Inc., creating Southern Glazer’s Beverage Company of New York to serve Long Island. The deal expands Southern Glazer’s distribution network, adding Anheuser-Busch, Tilray Brands, Pabst Brewing and other suppliers to its portfolio. The transaction was completed effective immediately.