Florida firm buys out Monroe-based beer distributor

Florida-based Gold Coast Eagle Distributing has reached an agreement to acquire Monroe-based Dickerson Distributing Co., according to The (Sarasota, Fla.) Observer.

Dickerson Distributing distributes Anheuser-Busch/InBev products and other brands in Warren, Butler and Preble counties. It has been family-owned since its founding in 1934 by Eugene Dickerson, and it is now overseen by the third generation of the Dickerkson family.

The company has 65 full-time employees and sells about 3.5 million cases of beer a year, according to the company’s web site.. Dickerson’s brands include beer products brewed by Anheuser-Busch/Inbev, such as Budweiser, Bud Light and Michelob, and other brands including Corona, Rolling Rock, Goose Island, Redhook, and Yuengling, according to the company’s web site.

Terms of the deal weren’t disclosed. The transaction, expected to close in the first quarter of 2015 pending supplier approvals, will create a combined company with 9 million cases of sales and 228 employees, according to The Observer.

Gold Coast Eagle, one of the largest distributors of Anheuser-Busch/InBev beers in Florida, is based in Lakewood Ranch, Fla. It had $97.4 million in sales in 2013, up 3.1 percent from $94.5 million in 2012.

“Dickerson Distributing Co. is a great organization with dedicated people and we are committed to continuing the company’s strong business practices and building on the legacy founded by the Dickerson family,” Gold Coast Eagle President John Saputo said in a release obtained by The Observer. “We anticipate a smooth transition with our existing team members, the Dickerson team and our new customers and friends in southwestern Ohio.”

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