Great Lakes Wine & Spirits in Highland Park has entered into a purchase agreement with RNDC Michigan in Livonia to potentially acquire its ADA business, and together with Imperial Beverage in Kalamazoo and Vintage Wine Co. in Roseville, to potentially acquire RNDC Michigan’s wine business.
GLWAS also is partnering with National Wine and Spirits to prospectively acquire RNDC’s building in Livonia. Terms of the possible deals were not disclosed.
On July 26, RNDC (Republic National Distributing Co. in Grand Prairie, Texas) initiated a voluntary Chapter 11 process to explore potential sale transactions in court and implement an orderly wind down of its remaining operations. National Distributing Co. Inc. is not part of the Chapter 11 filing…