Southern Wine & Spirits and J.J. Taylor Announce Wine & Spirits Distribution Joint Venture for Minnesota
MIAMI, FL, March 15, 2010 Southern Wine & Spirits of America, Inc. (Southern) and J.J. Taylor Companies, Inc. (J.J. Taylor) announce their intention to form a strategic joint venture in the State of Minnesota. The two companies plan to join forces to distribute wine, spirits and non-alcoholic brands in the state.

This joint venture will complement J.J. Taylor’s deep local market knowledge and efficient operations with Southern’s industry-leading marketing capabilities and wine and spirits sales expertise, making Minnesota’s retail trade and end consumers—as well as the JV’s suppliers—the ultimate beneficiaries of the joint venture.

"Southern is in an excellent position to expand its distribution network in the Upper Midwest, and we are thrilled to be joining up with J.J. Taylor Companies in Minnesota," said Wayne Chaplin, Southern’s President and Chief Operating Officer. "As we join forces to offer superior, expanded offerings to suppliers and Minnesota’s retailers alike, we envision this strategic joint venture will also offer enhanced growth for both companies,” Chaplin added.

"We are pleased to join Southern in developing a strategic partnership in the State of Minnesota,” stated John J. Taylor III, President & CEO of J.J. Taylor. “We are confident that our deep beverage distribution experience in Minnesota combined with Southern’s unparalleled wine and spirits brand-building abilities will provide a high level of value to Minnesotans and our supplier and retail trading partners. We look forward to finalizing our arrangement with Southern in the weeks ahead,” added Taylor.

“With respect to our newly formed joint venture, Southern will take the lead by bringing its industry recognized sales, marketing and management resources to the market,” commented Chaplin. “In Minnesota today, we are fortunate to represent some of the most recognized suppliers of alcoholic beverages in the world which will provide a solid foundation for our growth.”

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About Southern Wine & Spirits of America
Southern Wine & Spirits of America, Inc. is the nation’s largest wine and spirits distributor, with current operations in 29 states. The multi-state distributor currently operates in: Alabama, Arizona, California, Colorado, Delaware, Florida, Kentucky, Hawaii, Illinois, Maine, Mississippi, New Hampshire, Nevada, New Mexico, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Vermont, Virginia and West Virginia—as well as the additional seven states of Alaska, Washington, Oregon, Idaho, Montana, Wyoming and Utah through the Southern-Odom/Spirits West partnership. Southern also holds operating licenses and permits in the three states of Indiana, Nebraska and Texas. On a national basis, Southern Wine & Spirits of America, Inc. employs more than 10,000 team members. For more information contact: www.southernwine.com.

About J.J. Taylor Companies, Inc.
J.J. Taylor Companies, Inc. is a leading malt beverage distributor for Miller, Coors, Heineken, many craft, import and specialty brands. J. J. Taylor was founded in 1958 by John J. "Joe" Taylor. Through the years the company has grown both internally and through acquisitions under the leadership of Joe's son, John J. Taylor, III. Today, with operations in Minnesota and Florida, the company is one of the top ten beer distributors in the United States. For more information contact: www.jjtaylor.com.

Posted on Friday, March 19, 2010 (Archive on Friday, April 30, 2010)
Posted by rsada  Contributed by rsada
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