MARTIGNETTI COMPANIES COMPLETES ACQUISITION OF QUALITY BEVERAGE LP

Quality Beverage is a leading distributor of beer and alternative beverages in Massachusetts, representing the Anheuser-Busch portfolio in addition to a variety of other domestic and imported brands, including Yuengling, Wormtown, Sierra Nevada, New Belgium, Harpoon, Liquid Death, and Beatbox. Previously owned by the Wetterau family, the company operates from its headquarters facility in Taunton and from distribution centers in Auburn and Chicopee. It services approximately 3,200 accounts with a portfolio of more than 400 brands.

Carl and Carmine Martignetti, principals of Martignetti Companies, commented, “We are excited to add Quality Beverage to our Company and to welcome their talented team. We have known the Wetterau family for three decades and have admired the values and commitments they have practiced every day in their company with employees, customers, and suppliers. We are committed to building upon that legacy and to providing new growth opportunities for Quality and all those associated with it. We look forward to partnering with Anheuser-Busch and other valued suppliers and to growing our mutual business together.”

Conrad Wetterau, President & CEO of Quality Beverage, comments, “For almost 30 years, it has been one of the great joys of my life to own and lead this incredible company of incredible people. I cannot thank the Martignetti family enough for being a great partner throughout this process. We are proud of what we built at Quality Beverage and are certain that our employees and our legacy is in good hands with the Martignetti family.”