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Announced

Completed

Hensley Beverage completed the acquisition of Premier Distributing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Completed

Private

United States

Distillers and Vintners

Acquisition

Domestic

beverages

Single Bidder

Majority

Synopsis

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Hensley Beverage, a beverage distributor, completed the acquisition of Premier Distributing, a wholesale distributor of alcohol & non-alcohol beverages. Financial terms were not disclosed. "This is a new day for Hensley Beverage Company as we expand our geographic footprint outside of Arizona. We have known the Premier organization for many years and are excited that they have entrusted our company to continue their legacy. We look forward to getting to know the Premier team and integrating them into the new combined organization," Andy McCain, Hensley Beverage President and COO.

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