For Immediate Release Contact: Wayne E. Chaplin
President & Chief Operating Officer
Southern Wine & Spirits of America, Inc.
Telephone (305) 625-4171
SOUTHERN WINE & SPIRITS OF AMERICA, INC. ANNOUNCES FORMATION
OF SOUTHERN WINE & SPIRITS OF MISSISSIPPI
Agreement Brings D.J. Koenig’s & Associates Into Southern’s Growing Control State Group
MIAMI, July 25, 2005 – Wayne E. Chaplin, President and Chief Operating Officer of Southern Wine & Spirits of America, Inc., the country’s largest wine and spirits distributor with operations currently in 19 states announced today that Southern Wine & Spirits will become the majority owner of a newly formed entity called Southern Wine & Spirits of Mississippi. In making this announcement, Mr. Chaplin added that Southern looks forward to working closely with David Koenig of D. J. Koenig & Associates, Inc., of Jackson, Mississippi.
Mr. Chaplin said, “We are excited about our expansion into Mississippi and to partner with David Koenig, whose understanding and experience in the local marketplace will be invaluable as we look to add more value to our trading partners. Our continued expansion into the Control State arena is a critical part of our overall supplier- and customer-centric growth strategy. This is especially true following our acquisition of United’s Control State operations in New Hampshire, Vermont, Maine, North Carolina, and Virginia together with our existing presence on in Pennsylvania.”
Mr. Koenig said, “Our team is thrilled to be joining the Southern family, and we all look forward to working closely with the Company’s senior management to ensure our suppliers and their brands are well represented throughout the state and that we continue to enhance our service-oriented programs with our customers.”
Mr. Chaplin added, “We intend on adding manpower and resources to the Mississippi operation to ensure that the current suppliers achieve greater coverage that is second to none in this competitive market.”
Southern Wine & Spirits of America, Inc. is the nation’s largest wine and spirits distributor, with current operations in 19 states. The multi-state distributor currently operates in: Arizona, California, Colorado, Florida, Kentucky, Hawaii, Illinois, Maine, Massachusetts, New Hampshire, New Jersey, Nevada, New Mexico, New York, North Carolina, Pennsylvania, South Carolina, Vermont and Virginia. On a national basis, Southern Wine & Spirits of America, Inc. employs more than 10,000 team members.