La Vergne, Tennessee
July 31, 2010
DBI Beverage San Francisco announced today that it has acquired certain beer distributorship assets of Maita Distributors, Inc. of San Mateo County. Terms of the asset purchase were not disclosed.
DBI Beverage San Francisco is owned by DBI Beverage Inc. Maita Distributors is the ninth distributor asset acquisition that DBI Beverage Inc. has completed since 2002, the last eight of which have been in northern California.
DBI Beverage San Francisco was formed after DBI's second acquisition - of substantially all the assets of Golden Brand Bottling Co., Inc., in 2005. The former Maita beverage distribution operations will be combined with the DBI operations in DBI's South San Francisco distribution facility. That facility now has 205 full-time associates and will distribute approximately 6 million cases of beverages per year, including sales in San Mateo County.
"We are excited about the opportunity presented by entering the San Mateo market and building on the business started by the Maita family some 30 years ago," said David Ingram, DBI's Chairman.
DBI Beverage Inc. continues to focus on acquiring successful distributors in growing markets. With this acquisition, the company will on a consolidated basis distribute an estimated 25.2 million cases of beverage products a year.
DBI Beverage Inc. also owns beer distributors in Napa, Sacramento, San Jose, Ukiah, Chico, Truckee, and San Joaquin. Its Tennessee subsidiary recently divested distribution assets located in Memphis, Tennessee. A sister company, Ingram Entertainment Inc., is the nation's largest DVD and video game wholesale distributor. DBI Beverage Inc. and Ingram Entertainment Inc. are both wholly-owned by David B. Ingram and are headquartered in La Vergne, Tennessee, just outside of Nashville.
DBI Beverage Inc. Consolidated Facts
- Distributors: Eight (California: Chico, Napa, Sacramento, San Francisco, San Joaquin, San Jose, Truckee, and Ukiah)
- Associates: 960 (estimated)
- Cases: 25.2 million (estimated)
- Founded: 2002