St. Louis distributor Major Brands reached a settlement in a civil trial with alcohol producer Diageo and St. Charles distributor Glazer’s of Missouri. Terms of the settlement were not disclosed, but Major Brands said in a news release that the company received a “substantial payment.”
Diageo North America sued Major Brands last year to terminate a Missouri wine and spirits distribution agreement. Major Brands counter-sued to block Diageo from transferring its distribution to Glazer’s.
The trial hinged on whether or not Major Brands’ business relationship with Diageo was a franchise and if that franchise agreement could be terminated.