RNDC’s Near-Total Exit, Middle-Tier Power Players Emerge
As Republic National Distributing Company (RNDC) sells off nearly all of its territories, what does that mean for the state of distribution?
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As Republic National Distributing Company (RNDC) sells off nearly all of its territories, what does that mean for the state of distribution?
More dominos continue to fall as RNDC’s territory sell off continues. Leaders with Manhattan Beer & Beverage Distributors announced an agreement to acquire “distribution rights for a collection of wine and spirits brands” from RNDC’s New York joint venture with Opici Family Distributing.
Republic National Distributing Company (RNDC) plans to shed the majority of its remaining business, with another transaction divesting from 17 states.
Drizly, the Boston-based alcohol e-commerce platform, announced its expansion throughout Portland and Eugene, Oregon, Monday with the addition of 17 new partnership locations.
Direct-to-consumer (DTC) spirits sales represents a $2.5-$3 billion opportunity for the industry, David Ozgo, chief economist for the Distilled Spirits Council of the United States (DISCUS), said during the latest episode of Rabobank’s Liquid Assets podcast.
Massachusetts-based hard seltzer brand Willie’s Superbrew was midway through a call with the supermarket chain Harris Teeter when the buyer interjected…
Decorah, Iowa-based Toppling Goliath Brewing Company has expanded to multiple new markets in recent months. The 12-year-old brewery’s growing footprint is due in part to the company’s switch to what co-founder Clark Lewey described as an “on-demand” business model.
On-demand e-commerce retailer GoPuff has closed on a $1 billion Series H funding round, bringing the valuation of the Philadelphia-headquartered company to $15 billion; India’s United Breweries is now a part of Heineken N.V. following the Dutch brewing giant’s acquisition of a controlling interest in the maker of Kingfisher; and more news.
Wholesalers ranked Boston Beer Company and Anheuser-Busch InBev first and second in most categories in Tamarron Consulting’s annual survey of distributors’ perception of key beer industry suppliers.
Jack’s Abby Craft Lagers’ transition into the Sheehan Family Companies network will now include New York and New Jersey, the Framingham, Massachusetts-based craft brewery announced today.
Anheuser-Busch plans to sell its wholly owned distribution business in Hawaii to multi-state wholesaler The Odom Corporation, the world’s largest beer manufacturer announced today.
Functional drink brand Kill Cliff has announced a partnership with Southern Glazer’s Wine & Spirits to distribute the company’s line of CBD-infused beverages nationwide.
New Mexico’s Santa Fe Brewing has placed a renewed focus on “local” to connect with its core consumers in its home market.
The Reyes Beer Division has struck a deal to acquire Greenco Beverage in Greenville, South Carolina. Financial terms of the transaction were not disclosed. The deal is expected to close on September 24.
Connecticut Gov. Ned Lamont this week announced the reduction of taxes on beer by 16.7%, effective July 1, 2023.
YouTube stars the Nelk Boys are partnering with Atlantic Beverage Distributors to expand distribution of Happy Dad Hard Seltzer into Massachusetts and Rhode Island.
Consulting firm BW166 reported that label approvals for seltzer and seltzer-like products are accelerating, with approvals trending at 334 per month compared to the 228 per month in 2020. More than half (53%) of on-premise visitors went to a bar or restaurant during the July 4 weekend, according to CGA, an on-premise market research firm.