Dallas-based family business Glazer’s has partnered with Premier Wines and Spirits of US Virgin Islands (USVI) to form a joint venture Glazer’s Premier Distributors.

Under the partnership, Glazer’s Premier Distributors will involve in the distribution of beers, wines and spirits from Glazer’s in USVI.

Premier’s assets and operations, and Glazer’s financial investments form the core of the venture, where Glazer’s is expected to be the controlling partner.

The joint venture will also look to continue with its core suppliers and expand the business by using the Glazer’s resources.

With operations in St Thomas and St Croix, Premier Wines and Spirits distributes international brands such as Pernod Ricard, Miller, Beam Global, Campari, Patron, Imperial Brands, Serralles, Sidney Frank, Constellation and Red Bull.

Glazer’s president and CEO Sheldon Stein said they have taken the first step of Glazer’s long term strategy to grow internationally, which they believe will create new value for its strategic suppliers.

"We are extremely excited by this new opportunity, and are looking forward to growing our Caribbean footprint with our new partners," Stein added.

Premier CEO Albert Paiewonsky said Glazer’s brings a wealth of knowledge, relationships and experience in the distribution business, and the company look forward to enhance the performance with its strategic vendors and service platform with its customers.

Glazer’s Premier Distributors plans to start the business in the USVI on 1 October 2012.