Quality Beverage Acquires Remaining Interest Of Consolidated Beverages

From Quality Beverage:

TAUNTON, MA - Quality Beverage LP announced today  the acquisition of the remaining interest of Consolidated Beverages LLC, based in Auburn, Mass. Quality Beverage LP will now operate two divisions located in Taunton and Auburn.

In 2007, Quality Beverage made its first investment in Consolidated Beverages partnering with David Fields.  To ensure a smooth transition following the acquisition, Consolidated Beverages current minority owner, Fields, will continue to work as a consultant until the end of 2013.

“Today’s acquisition is driven by Quality Beverage’s corporate strategy which is focused on gaining efficiencies, consolidating geography and bringing into our fold a company that shares our values, work ethic, and commitment to professionalism,” said Conrad Wetterau, president and CEO of Quality Beverage. “The company remains committed to Massachusetts and strong growth for years to come.”
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