Southern Glazer’s Wine & Spirits (Southern Glazer’s) has agreed to divest its distribution business in the Caribbean to CC One Virgin Islands, a member of CC1 Companies.

The divestment aligns with the company’s strategy to focus on its US and Canadian businesses.

The business, Southern Glazer’s Wine & Spirits of the Caribbean, was established in 2012. It operated as the company’s beverage alcohol division in the Virgin Islands.

CC1 Companies International Operations vice-president Carlos Diaz said: “We are pleased to be the new owners of Southern Glazer’s Wine and Spirits of the Caribbean, LLC.

“We continue to grow our portfolio of sparkling and still brands, and the acquisition of Southern Glazer’s Caribbean operation solidifies our strategy to become a total beverage company.”

On 31 January 2020, the deal is scheduled to come into effect.

Once complete, Southern Glazer’s Wine & Spirits of the Caribbean will be renamed as CC1 Virgin Islands Wine and Spirits and will continue to operate separately.

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Southern Glazer’s chief operating officer Brad Vassar said: “We believe we found a great organisation in CC1 Companies, one that shares our business values and will continue to exceed the expectations of suppliers and local customers.”

A distributor of beverage alcohol, Southern Glazer’s Wine & Spirits has operations in 44 US states, the District of Columbia and Canada.

Last year, the company launched a wine division in Canada. It also announced the introduction of a digital platform called Proof in 2019. The platform will enable customers to browse and order products from a wide range of devices.