“Southern Glazer’s recognizes the success we’ve achieved in the region, operating in markets that are particularly complex and fragmented,” said Andy Consuegra. We’re excited to welcome their brands – many of which we already share – and their talented, experienced team into the Southern Glazer’s family.” Oppenheimer continued, “WEBB Banks has experienced tremendous growth over the past several years thanks to a collaborative company culture, strong strategic partnerships, and in-depth knowledge of the markets in their region. “Combining the strength of our supply chain and logistics expertise, with WEBB Banks’ strong customer relationships and knowledge of the market, makes this acquisition an absolute game changer for our suppliers.” “This acquisition provides another connection point for Southern Glazer’s and our valued suppliers who are looking for expert route-to-market capabilities across the Atlantic Basin,” said Scott Oppenheimer. The existing Southern Glazer’s Travel Sales & Export team and associated portfolio will transition to WEBB Banks, to ensure a complete solution for suppliers focused on the Atlantic Basin. The team will report to Scott Oppenheimer, Southern Glazer’s President, East Region. Upon completion of the acquisition, the business will continue to operate during a transition period under the WEBB Banks name and management team, led by Chief Executive Officer Andy Consuegra, Chief Operating Officer Jose Castellvi, and Chief Financial Officer Juan Carlos Rodriguez. The acquisition, expected to close March 31, 2023, expands Southern Glazer’s reach in the Atlantic and travel retail, and strengthens its logistical capabilities to deliver products more efficiently to complex markets in the region. MIAMI & DALLAS-( BUSINESS WIRE)- Southern Glazer's Wine & Spirits (Southern Glazer's)-the world’s preeminent distributor of beverage alcohol-today announced its plans to acquire Miami-based WEBB Banks, the leading premium wine and spirits distributor in the Caribbean, Central America, and South America, as well as the travel retail and cruise sector.
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