Source: The Business Journals: Austin

Sigel’s: Twin Liquors buys North Texas competitor out of Chapter 11 bankruptcy

Twin Liquors has purchased Sigel's Beverages, a North Texas competitor that's more than a century old. The Austin-based chain of liquor stores bought all of the operating assets for Sigel's out of bankruptcy in a deal that closed June 29, Melanie Goolsby, an attorney with Pronske Goolsby & Kathman PC, told the Dallas Business Journal. Those assets include eight shops around North Texas. Goolsby did not know Twin Liquors' immediate plans for Sigel's and its assets. Sigel's declined to...

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Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
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