Columbia Distributing announced on Oct. 26 that it has completed its transaction with Republic National Distributing Company (RNDC) to acquire certain beverage distribution assets in Alaska. Financial terms were not disclosed, but the deal marks Columbia’s official entry into the state and completes the final component of the letter of intent announced by the companies in April.
The closing is part of Columbia’s long-term strategy to build a multi-category, multi-state total beverage platform across the Pacific Northwest. The company now has direct operations spanning Alaska, Oregon and Washington, along with its recently completed strategic partnership with Hayden Beverage in Idaho.
The Alaska transaction expands Columbia’s direct service territory to more than 835,000 square miles and adds nearly 1,500 customer accounts. It also brings Columbia into a market with an experienced local team, strong customer relationships and an established beverage distribution network.
