The owners of Coors Distributing Company of Fort Worth announced today they have agreed to be acquired by Dallas-based Andrews Distributing of North Texas. “We as a family have thoroughly enjoyed doing business here in Tarrant County and Johnson County for the past 48 years,” said CEO Larry Anfin in a statement. “We provide a product that brings families and friends together as they celebrate occasions and attend fun events and festivals.
“As the executor of the estates of my grandfather and mother, I have a fiduciary responsibility to entertain all offers. Andrews Distributing made an offer that the family members felt was attractive, so we accepted it. No price was given for the transaction. According to the Andrews Distributing website, the company employs more than 1,100, manages four warehouses totaling more than 680,000 square feet, and maintains a fleet of over 500 vehicles. The beer and drink distribution business has undergone consolidation in the past few years and Andrews has been one of the companies making several acquisitions.
“It’s no secret that the industry has leaned toward consolidation of brands, particularly following the merger that created MillerCoors,” said Anfin. “The two brands have moved to single distributors in a great number of markets throughout the United States. We have respected Andrews Distributing for running a smooth operation and servicing their customers well.” Anfin expects the sale to be completed within 60 days.
Andrews Distributing acquired Miller Distributing of Fort Worth in 2008. Coors Distributing of Fort Worth was established by John McMillian and Ed Curtis in 1966. The company services approximately 3,000 accounts in Tarrant County and Johnson County. The company distributes all Coors brands plus beers from Mexico, Belgium, England, Canada, Germany, and the United States. Coors Distributing of Fort Worth has been named Member of the Year or Business of the Year by several chambers of commerce in Tarrant County. CEO Larry Anfin received the Distinguished Leadership Award from the Northeast Leadership Forum on January 31. The company purchased the Grand Champion steer at the Fort Worth Stock Show and Rodeo last Saturday, paying $200,000.