US-based Johnson Brothers has purchased the Arizona, Colorado, Florida and Texas operations of fellow distributor Maverick Beverage Co.
As part of the acquisition, approximately 400 Maverick employees will join the family-owned beer, spirits and wine distributor, which marks its debut in Texas with the deal. However, Maverick’s operations in Minnesota and Illinois are not included in the transaction.
Financial details around the purchase, which boosts Johnson’s current 17-state distribution footprint, were not disclosed.
Maverick became united under one name in 2023 after combining its distribution businesses across six states.
“Like Johnson Brothers, Maverick has a phenomenal reputation for building premium portfolios with execution and accountability,” said Johnson Brothers’ chair, Michael Johnson. “We are excited to welcome their talented team and begin serving the great suppliers they work with today.
“The Maverick acquisition is a priority for our long-term growth, and we look forward to building on their outstanding success.”
Last year, US wine group The Duckhorn Portfolio expanded its domestic distribution agreement with Johnson Brothers.
