M&A Deal Summary

McLane Company Acquires Horizon Wine and Spirits

On October 27, 2010, McLane Company acquired distribution company Horizon Wine and Spirits

Acquisition Highlights
  • This is McLane Company’s 2nd transaction in the Distribution sector.
  • This is McLane Company’s 3rd transaction in the United States.
  • This is McLane Company’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2010-10-27
Target Horizon Wine and Spirits
Sector Distribution
Buyer(s) McLane Company
Deal Type Add-on Acquisition

Target

Horizon Wine and Spirits

Nashville, Tennessee, United States
Horizon Wine and Spirits, Inc. is a beverage distributor based in Nashville and Chattanooga, Tennessee.

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Buyer(S) 1

Buyer

McLane Company

Temple, Texas, United States

Category Company
Founded 1894
Sector Transportation
Employees20,000
DESCRIPTION

McLane Company, Inc., is a supply chain services, providing grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores and chain restaurants throughout the United States.


DEAL STATS #
Overall 3 of 4
Sector (Distribution) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Tennessee) 1 of 1
Country (United States) 3 of 4
Year (2010) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-23 Kahn Ventures

Atlanta, Georgia, United States

Kahn Ventures and its subsidiaries are wholesale distributors of distilled spirits, wine and beer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-26 Meadowbrook Meat Company

Rocky Mount, North Carolina, United States

MBM was founded by J.R. Wordsworth in 1947 as a pork processor catering to its local market in Rocky Mount, NC. The company has grown to become a leading $6 billion foodservice distributor, providing foodservice supply chain services to thousands of the finest branded national and regional chain restaurants within the continental United States. The company operates from 35 well positioned distribution facilities, is led by the second generation of the Wordsworth family, and employs more than 3,300 nationwide.

Buy -