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Glazer to Distribute Diageo and Schieffelin & Somerset Spirits and Wines in Texas.

Business Editors and Food/Wine Writers

DALLAS--(BUSINESS WIRE)--Aug. 16, 2002

Glazers Wholesale Distributors is pleased to announce that it has been selected as the exclusive distributor, effective September 16, of Diageo and Schieffelin & Somerset (S&S) spirits and wine products in Texas, with the exception of certain brands in Dallas and Houston which will continue to be serviced by the existing distributor.

"These great brands create significant added value for our entire line of spirits and wine," said Bennett Glazer, President of Glazer. "Being the designated distributor in Texas for the leading spirits suppliers in the industry will lead to improved systems and processes that will benefit all of the brands that we carry. These efficiencies and the resulting level of service to retailers make us a very attractive distributor for any supplier."

"With these relationships we believe we will be able to provide unrivaled service and attention to retailers and consumers," Glazer added. "The long-term commitment that we have made to each other not only in terms of selling these great brands but also leading the industry in social responsibility will add tremendous value not only to our mutual businesses but to the industry as a whole."

In January, Diageo began a review process of its strategic distributor relationships to consolidate into a single distributor. S&S, a joint venture of Moet Hennessy and Diageo, engaged in a similar but distinct review.

"We look forward to working with Glazer's as we seek to work with our distributors to make our industry become more effective, efficient and consumer focused," said Paul Clinton, President and CEO of Diageo in North America.

"We are confident that Glazer's is well positioned to help us realize the potential of the premium drinks business in Texas and share our commitment to promoting the responsible consumption of our products," said John Esposito, President and CEO of Schieffelin & Somerset.

The Glazer Family of Companies is one of the largest wholesale distributors of Beverage Alcohol products in the United States. Glazer's has operations in nine states with over 4,000 employees.
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Comment:Glazer to Distribute Diageo and Schieffelin & Somerset Spirits and Wines in Texas.
Publication:Business Wire
Geographic Code:1U7TX
Date:Aug 16, 2002
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