Republic National Distributing Company and subsidiaries filed four Georgia WARN notices covering 558 positions as the bankrupt beverage alcohol distributor continues shedding leases, assets and remaining market operations.
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The major wine and spirits distributor entered bankruptcy after transferring most of its markets to competitors, closing facilities and accumulating hundreds of millions of dollars in unsecured supplier claims.
The deal marks RNDC’s latest divestment following its May sale of 11 geographic markets to Reyes Beverage Group and a recent stretch of leadership and financing changes.
Some employees may ultimately transition to roles under new ownership depending on final deal structures.
