Sunkey Beverage Holdings, a Florida-based beer distribution company, has reached an agreement to acquire San Antonio-based Silver Eagle Beverages, one of the nation’s largest independent distributors of Anheuser-Busch beverages.
Terms of the deal, which is expected to close after regulatory approvals and “other customary closing conditions,” were not disclosed in a press release from Silver Eagle, which will continue to operate under the same name.
“We are pleased to have entered into this business transaction with Sunkey Beverage Holdings and look forward to moving into the final stages of the agreement,” said John L. Nau, III, Silver Eagle’s chairman and CEO in the May 15 release. “Sunkey is the ideal group to acquire the San Antonio-area territory. They are family-owned and as a current member of the Anheuser-Busch wholesaler family have a clear understanding of the beverage industry.”
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