Wilson Daniels Wholesale Completes Acquisition of Oregon’s Galaxy Wine
Young’s Market Company, a major Western states beverage alcohol distributor that owns Napa Valley-based wine and spirits marketer Wilson Daniels, has completed the expansion of its family-brand wholesale subsidiary to Oregon.
Wilson Daniels Wholesale completed the acquisition of Portland, Oregon-based Galaxy Wine Company on June 30, a broker of the transaction announced July 2. The deal originally was announced in May. Financial terms weren’t disclosed.
“The acquisition is extremely significant as it commences our expansion to the West Coast and establishes Wilson Daniels Wholesale as a bi-coastal wholesaler,” said Rocco Lombardo, Wilson Daniels president, in an email. Revenues for the Wholesale division will exceed $70 million in 2018.