TAUNTON, Mass.--(BUSINESS WIRE)--Quality Beverage LP announced today the acquisition of the remaining interest of Consolidated Beverages LLC, based in Auburn, Mass. Quality Beverage LP will now operate two divisions located in Taunton and Auburn.
In 2007, Quality Beverage made its first investment in Consolidated Beverages partnering with David Fields. To ensure a smooth transition following the acquisition, Consolidated Beverages current minority owner, Fields, will continue to work as a consultant until the end of 2013.
“Today’s acquisition is driven by Quality Beverage’s corporate strategy which is focused on gaining efficiencies, consolidating geography and bringing into our fold a company that shares our values, work ethic, and commitment to professionalism,” said Conrad Wetterau, president and CEO of Quality Beverage. “The company remains committed to Massachusetts and strong growth for years to come.”
About Quality Beverage
Since 1987, Taunton-based Quality Beverage LP has provided beer drinkers with fresh, superior beer as the largest stand-alone independent Anheuser-Busch distributor in Massachusetts. Quality Beverage enjoys exclusive distribution rights for all the Anheuser-Busch InBev brands as well as a number of additional leading import and craft brands. With the acquisition of Consolidated Beverages, Quality Beverage will now serve communities in Worcester, Bristol, Norfolk and Middlesex Counties.