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Dear Client: The dramatic collapse of the second-largest wine and spirits distributor, RNDC, within the span of a year is definitely among the top 5 of stories we’ve ever covered in these pages — maybe in the top 3 (after Inbev purchase of A-B and Molson / Coors merger). And while nobody enjoys a post-mortem, we believe it’s important to investigate and discuss how this happened, and as an industry, perhaps look inward in an honest way. To that end,
Keg 1 Missouri Acquiring Fechtel Beverage & Sales Assets in Central Missouri
Dear Client: Breaking: Roughly 130 million-case, 14-state distributor platform Keg 1 LLC has just announced another deal — this time to acquire the assets of Fechtel Beverage & Sales, Inc. in Central Missouri. Technically, it’s KEG 1 Missouri, in conjunction with K1 Management Services, that has just entered into the agreement with Fechtel. The company expects to integrate the acquired complementary 1 million+ cases from Fechtel into its existing KEG 1 Missouri operations and service the combined footprint from its
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