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Southco Distributing Co., based in Goldsboro, NC, has announced it has entered into an agreement to acquire the inventory assets of Atlantic Dominion Distributors, headquartered in Virginia Beach, VA. The transaction includes Atlantic Dominion’s operations in both Virginia Beach, VA, and Hope Mills, NC, and is expected to close at the end of August 2025.
This acquisition marks an exciting new chapter for both organizations, bringing together two respected companies with long-standing commitments to excellence in service and customer relationships. Atlantic Dominion Distributors is a subsidiary of the Old Dominion Tobacco Company, established in 1875. The parent company will continue its strong presence in the market through its remaining businesses: Hoffman Beverage, a premier Anheuser-Busch and beverage distributor; S&K Sales Co., a large manufacturer’s representative of consumer products to military commissaries and exchanges worldwide; and a robust real estate investment division. Read more
here.
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