Martignetti Cos., New England’s leading beverage alcohol distributor, said it agreed to acquire Quality Beverage, L.P., in Massachusetts. Terms weren't disclosed, and the transaction is submit to supplier and regulatory approval.
Quality Beverage is a leading distributor of beer and alternative beverages in Massachusetts, representing the Anheuser-Busch InBev and Constellation portfolios in addition to a variety of other domestic and imported brands. Owned by the Wetterau family, the Company operates from its headquarters facility in Taunton, Mass., and from distribution centers in Auburn and Chicopee, Mass. It services approximately 3,200 accounts with a portfolio of more than 400 brands.
Carl and Carmine Martignetti, principals of Martignetti Cos., said, “We are excited to add Quality Beverage to our Company and to welcome their talented team. We have known the Wetterau family for nearly three decades and have admired the values and commitments they have practiced every day with employees, customers, and suppliers. We are committed to build upon that legacy and to provide new growth opportunities for the Company and all those associated with it.”
“For almost 30 years, it has been one of the great joys of my life to own and lead this incredible company of incredible people," said Conrad Wetterau, Quality Beverage president/CEO. Soon, my chapter will end and a new one will begin with the Martignetti family, and I feel confident that I have put all of our people in the best of hands going forward.