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RNDC to capitalise on Oklahoma law shift
As Oklahoma prepares to change its alcohol legislation, Republic National Distributing Company (RNDC) and Central Liquor Company have announced plans to form a joint venture in the state.
The JV will be based in Oklahoma City
From 1 October 2018, the two companies will distribute wines, spirits and beer following Oklahoma’s move from a four-tier system to a three-tier system.
“October 1 will be a momentous day for the state of Oklahoma, and for RNDC,” said RNDC president and CEO Tom Cole.
“We are thrilled to have the opportunity to move from being a broker to a distributor, and expand our valued and longstanding partnership with the Naifeh family and their Oklahoma team.”
The joint venture, which has yet to be named, will operate out of a 406,000 sqft automated distribution centre in Oklahoma City, allowing the companies to reach all 77 cities in the state.
Last month, RNDC announced its plans to merge with Breakthru Beverage Group, creating a US$12 billion company.