1. The article discusses the recent acquisition of Myrtle Beach-based Coastal Beverage Company by Cheney Brothers, Inc., a Florida-based food service distributor. The acquisition marks Cheney Brothers' expansion into the South Carolina market, allowing them to leverage Coastal Beverage's established presence and distribution network in the region. The move is expected to enhance Cheney Brothers' offerings and strengthen their position in the food service industry.

2. Coastal Beverage Company, founded in 1973, has been a leading distributor of beer, wine, and other beverages in the Myrtle Beach area for decades. The company's portfolio includes both national and regional brands, catering to a diverse customer base that includes restaurants, bars, and retailers. The acquisition by Cheney Brothers is seen as a strategic move to capitalize on Coastal Beverage's expertise and customer relationships.

3. The article highlights the benefits of the acquisition for both companies. Cheney Brothers gains a foothold in the South Carolina market, while Coastal Beverage can leverage Cheney Brothers' resources and scale to expand its operations and reach. The transaction is expected to create synergies and growth opportunities for the combined entity, as they work to provide enhanced services and a broader product selection to their customers in the Myrtle Beach area and beyond.