Johnson Brothers Acquires Mutual Distributing in NC
Johnson Brothers has agreed to acquire Mutual Distributing Co., one of the largest wine and beer distributors in North Carolina.
Founded in 1946, Mutual is a beer and wine distributor servicing the entire state of North Carolina with over 700 employees and seven branch offices throughout the state. The majority of its portfolio is wine, including the likes of Groth, Duckhorn, JaM Cellars, and Atlas Peak, as smaller craft beer brands like Lucky Buddha, Port City, and Brooklyn Brewery, plus some sake and non-alcoholic beverages.
Johnson Bros. has been in the wholesale business in North Carolina since 1975, servicing Raleigh, Charlotte, Greensboro, and Winston-Salem, but this deal expands its reach.
“As the industry continues to change, we look at Mutual as the perfect strategic extension of our footprint,” says Johnson Brothers COO, Todd Johnson. “This is a significant moment in our company’s history.”