USA: Reyes Holdings to Acquire Six Midwest Coca-Cola Production Facilities

Reyes Holdings announced that its Chicago-area Coca-Cola distributor, Great Lakes Coca-Cola Distribution, has entered into a letter of intent with The Coca-Cola Company to acquire six production facilities in Alsip and Niles, Ill.; Detroit and Grand Rapids, Mich.; Eagan, Minn.; and Milwaukee, Wisc.

Great Lakes previously announced the expansion of its distribution territory across the Midwest in October of 2015. With the closing of those transactions in 2016 and 2017, Great Lakes will have exclusive rights for the sales and distribution of Coca-Cola beverages in additional territory including the state of Michigan, the majority of Wisconsin including Milwaukee, southern Minnesota including Minneapolis – St. Paul, and portions of northeast Iowa and northern Illinois adjacent to its Chicago territory.

The letter of intent is subject to the parties reaching a definitive agreement, and it is anticipated that the production facilities shall transfer to Great Lakes in several closings in 2016 and 2017 consistent with Coca-Cola’s 21st Century Beverage Partnership Model. Great Lakes is committed to working collaboratively with The Coca-Cola Company to implement a smooth transition with minimal disruption for customers, consumers and system associates.

About Reyes Holdings, L.L.C.

Reyes Holdings, aligned with leading beverage and foodservice providers, delivers some of the best-known brands and widest variety of food and beverage items to retailers around the world. Annually, the company delivers more than 900 million cases of beverage, and food products from 142 warehouses in North, Central and South America, as well as Europe, the Middle East and Asia Pacific. Reyes Holdings operations include The Martin-Brower Company, L.L.C., a global quick-service restaurant distribution business and the largest supplier worldwide of distribution services to the McDonald’s restaurant system; Reinhart Foodservice, L.L.C., one of the largest broadline foodservice distributors in the United States, Reyes Beverage Group, the largest beer distributor in the United States representing import, craft and domestic beer brands and Great Lakes Coca-Cola Distribution, L.L.C. a dedicated Coca-Cola distributor based in Chicago. Reyes Holdings is the 12th largest privately held company in the United States with more than 18,000 employees and annual sales of approximately $24 billion. For more information about Reyes Holdings, visit the company website at www.reyesholdings.com.

About Great Lakes Coca-Cola Distribution, L.L.C.

Great Lakes Coca-Cola delivers refreshing Coca-Cola sparkling and still brands to stores, restaurants, entertainment venues, offices and college campuses in the heartland. A wholly owned subsidiary of Reyes Holdings, L.L.C., we are dedicated to adding value to the Coca-Cola supply chain, providing the best, most-reliable service to our customers and contributing to our community while creating an outstanding work environment for our employees. For more information, visit greatlakescocacola.com.