Case Studies
Acquisition of Beer Distribution Business in New Jersey
Our client, a prominent beer distributor, sought to purchase the key assets of another New Jersey beer distributor, including rights to distribute certain major beer brands in overlapping and adjacent territories to our client’s.
The Tannenbaum Helpern team negotiated the terms of the transaction as well as the financing for the asset purchase and assisted with the due diligence process. In addition, The team prepared complex Hart-Scott Rodino filings, negotiated leases for properties that the client would be using after the close of the transaction while consolidating operations, and attended to a myriad of other issues that arose. Some of the issues that had to be resolved before the transaction could close included obtaining U.S. Justice Department clearance of the transaction before the closing deadline, navigating peculiar environmental issues, and resolving employment issues given the client’s desire to employ many of the employees that worked for the seller.