RNDC Buys Horizon Unit to Enter Maine, New Hampshire and Vermont

Republic National Distributing Co. (RNDC) said it agreed to buy Ultra, a division of Horizon Beverage. The purchase includes operations in Maine, New Hampshire and Vermont. The transaction does not include the states of Massachusetts and Rhode Island.  Terms weren't disclosed.

“This purchase is the last step to ensure RNDC is fully operational in New England and it is part of our strategic efforts toward a presence in every Control State,” said RNDC CEO Nick Mehall.

“We are fully aligned with the direction and strategic vision of RNDC in establishing a Control State solution for our valued supplier partners” says Robert Epstein, president of Horizon Beverage Group “We are excited about the opportunities this will present for our colleagues in New Hampshire, Maine and Vermont.”

RNDC will sell spirits and wine in New Hampshire and spirits in Maine and Vermont.  Horizon maintains ownership of their operations in Massachusetts and Rhode Island.