Reyes Beverage Group is poised to acquire distribution operations in five additional U.S. markets from Republic National Distributing Company (RNDC), expanding a previously announced deal and deepening consolidation across the beverage alcohol distribution tier.

According to multiple industry reports, the Chicago-based distributor plans to take over RNDC’s operations in Arizona, Colorado, Louisiana, Oklahoma and Texas. The expansion follows a January announcement that Reyes was in discussions to acquire RNDC markets in Florida, Hawaii, Maryland, South Carolina, Virginia and Washington, D.C.

An earlier version of the deal also included Illinois, though that market has since been removed from the transaction.

If completed, the revised agreement would give Reyes control of 11 RNDC markets, significantly expanding its footprint in wine and spirits distribution beyond its core beer business. Reyes Beverage Group is already the largest beer distributor in the U.S. and has been increasing its presence in spirits and wine distribution in recent years.

Reyes has 55 distribution facilities across the U.S., over 10,000 employees, 115,000 customer accounts and delivers approximately 320 million cases of product annually.

The companies are targeting a closing by the end of May 2026, though the transactions remain subject to regulatory approvals and final agreements.

Deal Context

The deal comes during a period of upheaval for RNDC — the second-largest wine and spirits distributor in the country. The Texas-based company has faced mounting pressure after losing several major supplier relationships and experiencing operational challenges across multiple markets.

In 2025, RNDC abruptly exited the California market — the largest spirits market in the country — leaving thousands of producers scrambling to secure new distribution partners and triggering widespread layoffs.

MDM Analysis

Industry analysts view the expanding Reyes transaction as a major reshaping of the beverage alcohol distribution landscape. Internal communications from RNDC leadership indicate that discussions with Reyes evolved as negotiations progressed, ultimately expanding the proposed deal to include the additional five states while removing Illinois from the transaction.