Clark County-based Craig Stein Beverage is slated to buy a competing beer and wine distributor before merging with another, forming a new “powerhouse in the Pacific Northwest,” the company said in a statement.
The company, which also goes by the name CSB, will merge with Bellevue-based distributor The Odom Corporation to form Northwest Beverages, LLC. The new entity will be equally owned and represent wines, spirits and beers from the region.
In addition to the merger, CSB will buy Click Wholesale Distributing, a Washington-based distributor with operations in Renton, Spokane and western Idaho. Those operations will reportedly continue to run independently.
“It took me two years to put this together, so it’s very exciting to us. It gives us an opportunity to continue our growth and continues an opportunity to participate in the Seattle market,” owner Craig Stein said. “Instead of going into Seattle from scratch we’re buying a business with a great reputation in the market. It’s a lot easier to buy them than build something you cobble together over the years. We’re very excited about it.”
