Bonbright Distributors to Acquire Glenwood Beer Distributors
Dayton, Ohio-based Bonbright Distributors is in the process of acquiring Glenwood Beer Distributors.
Bonbright leaders expect the company to grow and invest in Erie after the deal closes at the end of July. There will not be any layoffs, according to a news release from the company.
The company is expected to net more than $100 million in sales in the first year. It will employ more than 200 people.
The deal will make Bonbright one of the largest beer distributors in the eastern half of the United States.
According to the company:
Operating out of three facilities, its combined territory will cover over 4,000 customers and 50 breweries. Bonbright will service 23 counties and over 14,000 square miles across the Midwest and Northeast states. The combined operations will represent 9 out of the top 10 breweries in the country. MillerCoors is Bonbright’s largest supplier, and represents 65% of its business.
James Mantyla, who passed away in 2017, previously owned Glenwood Beer Distributors, which was founded in 1961.
Glenwood Beer Distributors currently serves 14 counties, including Erie, Crawford Warren, Venango and Mercer.
John DiMario III will serve as the president. He plans to move his family to the Erie area.
The approval is subject to approval from Pennsylvania Liquor Control Board and Glenwood’s current suppliers.