Announced
Synopsis
Virginia Beverage, a full-service wholesale beverage distributor in Virginia, agreed to acquire Walling Distributing, which distributes beer and malt beverages. Financial terms were not disclosed. “My brother Challen and I have been blessed with incredible employees and an especially strong sales team. Furthermore, it has been wonderful to participate in the local community and offer our resources over the years. We are completely confident that our brands, as well as the partnerships, relationships and community investments we have developed over the past five-plus decades in Bristol will be in great hands. The ownership group of Virginia Beverage Company and its affiliates bring a tremendous amount of varied experience that will suit the Bristol business well for future generations. Without doubt, this is the right successor for us to hand over the reins to,” Mark Walling, Walling Distributing President.
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