The biggest news in the beverage-alcohol industry’s middle tier is getting bigger: Reyes Beverage Group (RBG) will acquire five additional markets from its rival, Republic National Distributing Company (RNDC). VinePair has reviewed internal communications from the latter wholesaler describing the purchase, which is an expansion and revision of the previously announced exchange. “As you know, we have been in discussions with Reyes about their potential acquisition of some of our markets, including Florida, Hawaii, Illinois, Maryland, South Carolina, Virginia, and Washington, D.C.,” wrote Marc Sachs, the chief executive officer of RNDC, in a Friday morning memo.
The article Expanding Middle-Tier Mega-Deal, RNDC Says Reyes Will Buy Five More Markets appeared first on VinePair.
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