✉news BusinessBusiness first seen 20 h ago, last 20 h ago, peak #32
Martignetti Closes Deal for RNDC Control State Business, Adds 17 Markets
Original: Martignetti Closes on RNDC Control State Business, Adds 17 Markets
Martignetti Companies has completed its acquisition of RNDC's control state business, expanding its footprint into 17 additional markets. The deal makes the Massachusetts-based distributor one of the largest wine and spirits wholesalers in the United States, consolidating its position in states where alcohol sales are controlled by the government. Industry outlets report the closing finalizes a transaction reshaping the competitive landscape of alcohol distribution.
Why now: The completed acquisition significantly reshapes the US alcohol distribution industry, drawing attention from trade and business observers.
Evidence
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