The newly-combined Rochester/Buffalo area brand rights expand Wright’s base by more than 50% to service 17 counties and over 2.5 million people.
Wright Beverage Distributing, headquartered in Rochester, NY, announced today they have reached an agreement with Certo Brothers Distributing to acquire Certo’s brand franchise and distribution rights for all five counties Certo currently services in Western New York. The newly acquired brand rights will extend WBD’s market coverage from 14 to 17 counties, growing their existing 10.5m annual case sales volume by more than 50% and adding over 150 jobs to their current team of 425 employees.
“Our employees are what make expansion opportunities like this possible.”- Claude H. Wright, Owner & CEO of Wright Beverage Distribution. “With both our companies being family owned and over 170 combined years of local market heritage in the beverage business, our cultures are very similar, and I know we’ll make an outstanding combined team.”
Wright had previously competed with Certo in Erie and Niagara counties, and this purchase will expand Wright’s territory into 3 additional counties: Chautauqua, Cattaraugus, and Allegheny. Major brands involved in the transaction that are currently represented by Wright in adjacent territories include Coors, Molson, Miller, Sam Adams, Corona and Genesee.
Founded in 1953, Wright Beverage is now run by 2nd generation owner Claude H. Wright, CEO who has grown the company exponentially since taking over in 1977. The company attributes its sustained growth to its people and partnerships that span three generations. Representing over 50 suppliers, the company maintains a diversified portfolio of Beer, Non-Alcohol, Wine and Spirit products.
The deal is set to close on January 10th, 2020 and Wright Beverage will assume full operations in Certo’s existing markets effective January 13, 2020. Wright Beverage plans to acquire a 139,000 square foot warehouse, adjacent to their 205,000 square foot facility, in the Village of LeRoy, NY as part of a proposed $8.9 million expansion plan.
It will also be expanding its current Buffalo metro sales offices and employee base. Tessa (Wright) Tobin, Claude’s daughter, is the third generation of the Wright family to take ownership of the company and serves on the executive team as Chief Business Development Officer. Tessa is leading the joint transition team focused on launch plans to ensure a smooth transition and get the expanded organization off to successful launch in January 2020.
“We are thrilled to finally expand our Buffalo footprint and make this longstanding goal a reality. Our newly-combined team and expanded territory will enable us to leverage our business model and yield sustainable benefits for our employees, customers, and supplier partners.” – Tessa Tobin
WBD prides itself on bringing smaller scale brands to compete at market with larger players and has cultivated partnerships with local and regional breweries, wineries, distilleries and non-alcoholic brands to complement its business model.
FULL STORY: BREW BOUND
