Harbor Distributing, L.L.C. has entered into an agreement to acquire substantially all of the assets of Redding Distributing Company in Redding, California. The transaction is scheduled to close on Friday, April 30, 2021, and will roll into Reyes Beer Division’s existing Golden Brands operations.
“When we officially established roots in Northern California in September 2019, we knew it was a very special market,” said Tom Day, Chief Executive Officer, Reyes Beer Division. “We’ve seen incredible growth and success in a short period of time with our Golden Brands operations. We are grateful to have another opportunity to grow and welcome Redding Distributing’s operations to our business in Northern California.”
Tom Reyes, President of Reyes Beer Division West, said, “We’ve been a family-owned and operated business in the state of California since 1989. Seeing our business, and the total California beer market, change, grow and develop over the past 32 years has been remarkable. The Jensen family has just as much experience and they have a great business. We are looking forward to building on their reputation, expanding our service to the Redding territory, and welcoming the new employees and operations.”
The acquisition will add approximately 90 employees, 700 customers, 2 million cases, and includes brands from key suppliers such as Molson Coors, Constellation Brands, Heineken USA, Diageo, Mike’s, Sierra Nevada, and Boston Beer.