Republic National Distributing Co. (RNDC) provided an update on a series of strategic transactions currently underway across its footprint as part of its ongoing evaluation of its business and market alignment. 

‌‌RNDC is currently engaged in discussions and agreements at various stages with several parties, including: 

•    ‌Control States: RNDC has signed a letter of intent with Martignetti Companies regarding a potential transaction for our operations across a number of Control States, including Alabama, Idaho (brokerage only), Iowa, Maine, Michigan (brokerage only), Mississippi, Montana, New Hampshire, North Carolina, Ohio, Oregon (brokerage only), Pennsylvania, Utah, Vermont, Virginia (brokerage only), West Virginia and Wyoming. 

•    ‌Pacific Northwest: RNDC has signed a letter of intent with Columbia Distributing for a potential transaction involving Alaska, Oregon and Washington. 

•    ‌For the Plains States: RNDC is in advanced discussions with a potential buyer and should have an update shortly. 

•    ‌In parallel, RNDC is working with its Joint Venture Partners in New York, Illinois, Kentucky, Indiana and Michigan (Franchise wine + ADA) on the best paths forward. 

•    Reyes Beverage Group States: RNDC is continuing to work diligently with Reyes to complete its previously announced pending sale transaction, which remains on track to close by the end of May 2026 and is subject to regulatory approvals and other customary closing conditions. 

‌‌‌“We’re taking these thoughtful, deliberate steps as we continue to evaluate the best path forward for our business,” said Marc Sachs, president and CEO of RNDC, in a statement. “Our focus remains on supporting our associates, delivering for our suppliers, and maintaining strong service for our customers. We have a measured approach to each of these opportunities, and are negotiating with a focus on our people, our partners, and the markets we serve.” 

‌‌Each transaction is being managed independently and is at a different stage of development. There can be no assurance that any of the potential transactions described above will be completed on the terms currently contemplated or at all. 

‌‌Until any transaction is complete, RNDC and all counterparties will continue to operate as separate and independent businesses.