Feb 8, 201806:30 PMBlog
Oregon company acquires South Sound beverage distributor
Portland’s Columbia Distributing today announced it will purchase the majority of the assets of Marine View Beverage, based in Sumner, Poulsbo, Port Angeles and Tumwater.
Marine View represents a portfolio of more than 120 international, national and local beer, energy and water suppliers. The deal, according to an announcement from Columbia, “furthers Columbia's commitment to building brands and diversifying its portfolio.”
The transaction is expected to close on April 30, 2018.
"Columbia is a growth company and we all benefit from this – our employees, our brands, the consumer and the community," said Chris Steffanci, Columbia's president and CEO. "As a company with deep roots in the Pacific Northwest, we take great pride in the creation of 3,000+ living-wage jobs, offering exceptional beverage choices and variety for the consumer, and sharing our success through many community partnerships."
"This acquisition drive's Columbia's brand promise: To provide ongoing, sustainable opportunities and growth for all. We're purchasing a first-class industry leader and have tremendous respect for the business Marine View has built," added Steffanci.
"From our humble beginnings to where we are today – it's a proud yet bittersweet moment," said Fred Bevegni, Marine View's co-owner. "BJ [Bjerke, co-owner] along with our dear friend and partner, the late Lance Kahn, set out to form a company with a unique leadership model, outstanding customer service and superior employee competence. We hit the mark on all of those. Columbia is purchasing one of the best."