Republic National Distributing Company (RNDC) has finalized an agreement with its lenders to secure significant additional financing. This new capital will help support the company’s operations as RNDC continues to align its organizational structure, operational capabilities and portfolio focus.
“We are pleased to have the continued support from our lending partners as we deliver against our priorities and pursue opportunities that strengthen our business and our role in the industry,” said Marc Sachs, president and CEO of RNDC, in a news release. “We are committed to ensuring our business remains a strong, profitable, and valuable partner to all we serve, including our suppliers and customers. We are grateful for the patience and cooperation of our suppliers, the trust our customers place in us every day, and the dedication of our associates who deliver in the marketplace.”
