New York, N.Y., August 1, 2014 –The Charmer Sunbelt Group has acquired the remaining 50 percent of R&R Marketing, a premier wine and spirits distributorship servicing suppliers and customers in the state of New Jersey. The Charmer Sunbelt Group and the Reitman family partnership started in 2004, when R&R Marketing became a member of The Charmer Sunbelt Group. The acquisition of its partners’ interest in New Jersey is the third of this type of transaction Charmer Sunbelt has completed in recent years, following those of Associated Distributors in Virginia and Ben Arnold Beverage in South Carolina.
“Our investment in R&R Marketing in New Jersey allowed CSG to expand its interest in the Garden State with a knowledgeable partner who shared our vision of ‘being the distributor of choice’ to both our suppliers and customers,” commented Greg Baird, Chief Operating Officer of The Charmer Sunbelt Group. “We look forward to continuing to enhance our execution capabilities with our R&R Marketing team.”
“It is with great personal pride that the joint venture which started in 2004, with the intent of creating a strong company with exceptional growth opportunities, resulted in the R&R Marketing we see today,” commented Jon Maslin, President of R&R Marketing.
The company name will remain unchanged.