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Read RNDC's memo to employees about the Reyes sale

Ailing mega-distributor's new CEO Marc Sachs hailed the multi-state deal as a "positive development"

Editor’s note: If you have tips about what’s going on at RNDC, please get in touch by emailing me ([email protected]) or texting me on Signal (dinfontay.11). Anonymity available.—Dave.

This morning, I published a scoop at VinePair detailing Republic National Distributing Company’s impending sale of a chunk of its middle-tier empire to Reyes Beverage Group, the country’s largest beer distributor. Read it here.

While trade press this morning reported a statement from RBG's spokesperson saying the firm was in "active discussions" about such a deal, my report was based on a memo from RNDC’s new president and chief executive Marc Sachs' to the ailing mega-distributor’s employees. I obtained this message from an RNDC employee; I have granted them anonymity to speak to me without fear of retaliation from the company. The document, which you can read in full below, suggests that the acquisition of RNDC’s operations is much further along than the “discussion” phase.

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