Buffett Expands Footprint in Tennessee

Empire Distributors, which was acquired by Berkshire Hathaway's McLane Co. in 2010, has entered an agreement to purchase Delta Wholesale of Memphis, TN. Empire has operations in North Carolina and Georgia, and recall that they acquired Horizon Wine & Spirits of Nashville and Chattanooga in the fall of 2010. The Lucchesi family "will continue to operate the business with the full support and resources of Empire, McLane Co, and Berkshire Hathaway," said the company in a statement. They expect the acquisition to close in the coming weeks. Financial details were not disclosed. Delta's major suppliers include E&J Gallo, Sazerac, Beam, Diageo, Bacardi, Wine Group and Campari America. Neither company immediately responded to requests for comment.

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