The two distributors created a joint venture that will give RNDC customers in 33 markets, including 32 states and the District of Columbia.
“Together, RNDC and the Underwood family will oversee Young’s and the joint venture will be guided by a Board of Directors composed of executives from both companies. RNDC will lead daily sales and operations for all 33 markets, and Young’s will operate in coordination with RNDC’s business nationally,” they said in a press release.
“The marketplace is changing quickly and significantly,” said Tom Cole, Chief Executive Officer, Republic National Distribution Corp. “And while innovation and technology are on the forefront of our growing company, our partnership with Young’s Market Company allows us to expand our reach across America, building upon the great relationships they’ve created for more than a century. The new partnership will expand service and selection of our combined beverage alcohol portfolios from coast to coast.”