Morales Beverage Group signs LOI to acquire Green Light Distribution assets

Morales Beverage Group has signed a letter of intent to acquire Green Light Beverage’s Texas and Florida distribution assets and operations, a move that would deepen MBG’s presence in two of the country’s biggest spirits markets. The deal is expected to close on or before Dec. 31, 2026, if it clears due diligence and final documentation.

Why it matters: - The proposed acquisition would expand Morales Beverage Group’s footprint in Texas and Florida, two of the largest spirits markets in the U.S. - The deal would add scale, route density and sales coverage across both states. - MBG would also gain Green Light’s supplier partners and customers, strengthening its brand portfolio and market reach.

What happened: - Morales Capital Group signed a letter of intent to acquire the Texas and Florida beverage distribution assets and operations of Green Light Beverage, Inc. and its affiliates. - MBG, a subsidiary of Morales Capital Group, announced the proposed transaction on Nov. 5, 2026. - The parties expect to close the transaction on or before Dec. 31, 2026, if all conditions are met. - Green Light continues to operate while the companies work toward closing.

The details: - MBG says the transaction would build on its 37 years of distribution in Texas. - Eduardo Morales, chairman of Morales Capital Group, said Texas and Florida are the company’s “battleground states.” - Morales said MBG has watched distributors “come and go” in Texas over the past 37 years and intends to remain in the market. - Morales said the acquisition would give Green Light’s brands “reach, resources and brand-building focus.” - Morales said MBG offers two operating models: full-service distribution with dedicated sales and brand teams, and route-to-market and logistics services for suppliers with their own sales teams. - Morales said the company’s approach centers on shared plans, shared investment and shared accountability. - Dusty Odell, CEO of Green Light Beverage, said MBG has the scale, infrastructure and commitment to support the brands and customers served by Green Light. - Odell said Green Light’s supplier partners and customers will have “a strong home” with MBG. - The transaction remains subject to definitive documentation, due diligence and customary closing conditions.

Between the lines: - The deal reflects ongoing consolidation in beverage distribution, where scale and market density can matter as much as brand access. - MBG is signaling that it wants flexibility in how it serves suppliers, not just a larger distribution network. - The emphasis on different service models suggests MBG is positioning itself for brands at different stages of growth.

What's next: - The companies will work through due diligence and finalize definitive agreements. - MBG and Green Light will continue supporting customers and suppliers during the process. - Closing remains targeted for Dec. 31, 2026 or earlier if the transaction is completed sooner.

The bottom line: - If completed, the acquisition would strengthen MBG’s standing in Texas and Florida while giving Green Light’s brands a larger distribution platform.