ABC Fine Wine & Spirits Marks Significant Growth with Acquisition of Applejack in Colorado

ABC Fine Wine & Spirits Expands Nationally with New Acquisition

ABC Fine Wine & Spirits, a leading family-owned alcohol retailer, has taken a monumental step in its 90-year history by announcing the acquisition of Applejack Wine & Spirits, a respected retailer in Colorado. This marks ABC's first foray beyond Florida, paving the way for national expansion.

Founded in 1936, ABC Fine Wine & Spirits has steadily grown from a modest storefront in downtown Orlando into one of the largest alcohol beverage retailers in the nation, boasting over 125 locations across Florida. Known for its exceptional customer service, extensive selection, and deep-rooted community ties, ABC has remained committed to family ownership throughout its history.

The acquisition of Applejack, which has established itself as a prominent retailer in the Mountain West since its inception in 1961, further enhances ABC's reputation. With three large-format store locations, Applejack has built a solid name in the greater Denver area and Colorado Springs, noted for its curated wine program and wide selection of spirits and beers.

Charles Bailes III, Chairman and CEO of ABC Fine Wine & Spirits, describes this acquisition as a pivotal point for the company’s growth plans. "Applejack has an exceptional reputation in the industry and is an iconic beverage retailer in Colorado. We're proud to carry on its legacy of family ownership and operational excellence," he stated in a press release.

Former Applejack CEO Jim Shpall echoed this sentiment, highlighting the shared values of both companies. "ABC understands what it means to build a business rooted in family values. Their ownership means our customers can expect the same great experience while new opportunities for growth arise."

Both companies have reassured customers that they can anticipate high-quality service, impressive selection, and great deals, characteristics synonymous with both the Applejack and ABC brands. The newly acquired Applejack stores will undergo improvements, including remodels and new walk-in humidors, aiming for enhanced customer experiences within the first six months post-acquisition.

ABC's successful growth is a testament to its disciplined approach to expansion. The company, which began operating during the repeal of Prohibition, has successfully navigated the complex landscape of the alcohol retail market while focusing on community involvement and innovation. Their future expansion endeavors remain in focus, with plans to venture into other Southeast states to be announced later this year.

The acquisition of Applejack not only marks a strategic expansion but also signifies ABC's dedication to familial values and community engagement in new markets. As the industry evolves, ABC Fine Wine & Spirits stands ready to embrace change while keeping their foundational commitments intact.

With additional store openings planned in Florida in the coming months, ABC's journey into Colorado represents just the first step in a broader vision to serve customers nationwide, ensuring that their brand legacy continues to flourish well into the future.