Acquisition began in 2019
Grand Prairie, Texas, Nov. 2, 2022 – Republic National Distributing Company, the national distributor and broker of premium wine and spirits, announces it has acquired from Young’s Holdings, Inc. the remaining fifty percent of Young’s Market Company, LLC, which includes distribution operations in the states of Alaska, Arizona, California, Hawaii, Montana, Oregon, Utah, Washington and Wyoming. The acquisition also includes Young’s Market Company’s part of the joint venture in Idaho. RNDC is now the sole owner of Young’s Market Company, LLC.
“We are proud of the work we have completed with our team in the Western region and are excited to acquire the remaining half of Young’s Market Company,” said Nick Mehall, President and CEO of RNDC. “Since joining RNDC, Young’s Market Company has made a significant impact on our business, and this acquisition will open the door to further investment in our Western region operations.”
Christopher Underwood, President and CEO of Young’s Holdings, Inc., said: “This transaction concludes a chapter that spanned multiple generations of the Underwood family. Our family’s passion for the spirit and wine business has not wavered. We are excited to focus our efforts and resources on growing Infinium Spirits into a global leader and further enhancing Wilson Daniels’s leadership in fine wine. Our relationship with RNDC will continue to be a critical part of our growth for years to come.”
The transaction closed on Nov. 1, 2022.
RNDC is the fastest-growing wholesaler in the U.S. With the recent addition of the New York market, RNDC now serves almost 90% of the U.S. market volume.
About Republic National Distributing Company
As a top beverage alcohol distributor in the nation, RNDC’s national reach helps suppliers by building strategic relationships with on- and off-premise customers to elevate their brands and reach their target consumers. RNDC currently operates in the District of Columbia and 38 states across the United States, with the recent addition of New York. To learn more, visit www.rndc-usa.com or contact Reace Smith, Vice President, Corporate Communications, at [email protected].