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RNDC Enters into Agreement with National Wine and Spirits |
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Wednesday, 17 March 2010 07:46 |
Republic National Distributing Co. (RNDC) and National Wine & Spirits (NWS) announced yesterday an agreement in which RNDC will acquire certain assets of NWS, LLC, Indiana.
Tom Cole, president of RNDC-USA says, "This is an exciting day for both Republic National and National Wine & Spirits of Indiana. It marks the culmination of several months of discussions and provides the national, best-in-class support and resources of RNDC combined with the outstanding talent and local market expertise of Indiana's largest wholesaler."
Jim LaCrosse, owner and chairman of NWS comments, "After carefully reviewing our options to partner with a national wholesaler, Republic National was the clear choice. RNDC has a reputation for its integrity and its commitment to excellence in sales and customer service. Our combined organizations will ensure our new company will continue to grow."
The new company will be named Republic National Distributing Company of Indiana to reflect the alignment of the shared vision of the partners, according to Cole.
Cole and LaCrosse announced Greg Mauloff will continue in his current capacity as EVP sales & marketing, and John Baker will continue in his current role as chief operating officer of RNDC-Indiana.
"We are excited about the opportunities our association with RNDC brings to the new company as we look to continue to grow organically and through acquisitions," says Mauloff.
RNDC is the second-largest distributor of premium wine and spirits in the United States with operations in Arizona, Alabama, Colorado, District of Columbia, Florida, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Virginia and West Virginia. RNDC employs more than 7,000 individuals nationwide.
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