Advertise with fastmoving.co.za
 
 

Odom-Southern buys Washington wine wholesaler Cavatappi
Odom-Southern buys Washington wine wholesaler Cavatappi

Odom-Southern buys Washington wine wholesaler Cavatappi

LIQUOR NEWS

Drinks Business Review - Oct 31st 2011, 09:14

Odom-Southern of the Pacific Northwest, a joint venture of Southern Wine & Spirits of America and the Odom Corporation has purchased Washington-based fine wine wholesaler Cavatappi Distribuzione (Cavatappi). 

According to the agreement, which closed on 30 September, Cavatappi will operate as an independent division of Odom-Southern.

Southern Wine & Spirits of America SVP, wine division president Mel Dick said the agreement with Cavatappi, advances the company's overall commitment in the Pacific Northwest and bolsters its fine-wine presence in the great wine-producing and -consuming state of Washington.

Cavatappi founder and president Peter Dow said Cavatappi's sales manager Jon Marvin will continue to manage the Cavatappi business day-to-day.

Cavatappi's portfolio includes approximately 90% imports, from wine-growing regions on five continents. 

Read more about: odom-souther | cavatappi | buy out | liquor

Related News

AB InBev revives its offering for Apac in Hong Kong
01/10/2019 - 11:39
Anheuser-Busch InBev (AB InBev) has revived its failed initial public offering (IPO) in Hong Kong by offering 1.26 billion shares of a minority stake of its Asia Pacific subsidiary, Budweiser Brewing Company Apac, and the world’s largest brewer is hoping to raise $5 billion (R74.4bn) on listing.

Consumers drink while retailers keep the tills active and lights on
10/09/2019 - 11:19
One in five South Africans is unemployed and economic growth remains anaemic, but retailers manage to grow, demonstrating that they still have some defensive qualities.

The SA liquor market is changing - these are the new favourites, says expert
21/08/2019 - 09:05
The way South Africans are consuming liquor is changing from traditional, heritage brands to modern, urban, "idiosyncratic" brands, according to Rowan Leibbrandt, founder of fine liquor merchants Truman & Orange.

All women team brew special beer to celebrate Women's Month
05/08/2019 - 10:38
SAB will be launching BOLD BREW– a beer designed and brewed entirely by women– this limited edition small batch beer is exclusively available at the SAB World of Beer in Newtown, Johannesburg.

Autograph Gin wins Best Gin in Africa award
02/05/2019 - 13:56
The International Gin Guide Award, released their awards for 2019 on the 30th of April 2019.