Southern Glazer’s to acquire assets of Epic Wines & Spirits

US-based wine and spirits distributor Southern Glazer’s Wine & Spirits (Southern Glazer’s) has signed a definitive agreement to acquire certain assets of Epic Wines & Spirits of California (Epic).

Financial details of the deal remain undivulged.

Additionally, Southern Glazer’s signed a national distribution agreement with Foley Family Wines (FFW), a family-owned and operated producer and marketer of luxury wines.

Founded in 1996 by Bill Foley, Foley Family Wines offer a portfolio of wines from some of the world’s greatest vineyards.

Southern Glazer’s Wine & Spirits CEO Wayne E Chaplin said: “This is a new era for Foley Family Wines, following their recent acquisition of Ferrari-Carano, as they look to accelerate growth for their world-class portfolio across the US.

“Our two family-owned businesses are committed to working together to build on past successes, further develop their great brands, and create a long-term and fruitful partnership well into the future.”

Under the agreement, Foley Family Wines could benefit from Southern Glazer’s national scale, route-to-market capabilities and e-commerce platform.

The agreement should expand the footprint of its wine portfolio.

This new alignment coincides with the launch of Southern Glazer’s new Fine Wine and Artisanal spirits strategy, aimed at enhancing the route to market and customer service aspects for our restaurant, fine wine, and craft spirits partners.

Foley Family Wines and Epic Wines & Spirits CEO Bill Foley said: “As the FFW portfolio of luxury brands continues to grow, it is imperative that we align ourselves with a wholesale partner who has broad route-to-market capability.

“This national alignment with Southern Glazer’s will provide FFW unmatched access to a customer base that will help catapult FFW toward our goal of becoming a top producer of luxury wines.”

Last month, Southern Glazer’s signed a distribution agreement with Rodney Strong Wine Estates.