07/27/2026
Major beverage alcohol wholesaler RNDC has filed for Chapter 11 bankruptcy as it seeks potential sale transactions and an orderly wind down. ⚖️📉
The filing follows a year of major market exits and asset sales, including an 11-market deal with Reyes Beverage Group, and lists more than $300 million in top unsecured claims. RNDC said shifting consumer preferences and a tougher wholesale environment pushed the company toward an in-court process, while several pending deals could further reshape wine and spirits distribution. 🍷🚚
Link to the full story in the first comment below 👇
https://www.brewbound.com/news/republic-national-distributing-files-for-chapter-11-bankruptcy?utm_social=fb_brewbound