Republic National Distributing Company Acquires Sparrow and Associates in Virginia and North Carolina on the Last Day of 2010January 4, 2011
Republic National Distributing Company today announced the acquisition of Sparrow and Associates, the leading spirits broker in Virginia and North Carolina. Sparrow will become a division of Republic National’s existing spirit brokerage company.
Commenting on the new venture, Tom Cole, President of RNDC, said, “This strategic acquisition will create one of the largest brokerage operations in two of America’s most populous states. Sparrow’s joining RNDC will enable us to deliver the highest standards of brand-building for our suppliers, customers and consumers.”
The Sparrow company dates back to the 1950’s. David Sparrow joined his father’s business in 1973. “We are excited to become part of the growing RNDC family. With our local expertise and RNDC’s best in class practices, this is a true win-win for everyone,” said Sparrow.
David Sparrow will continue in the new venture as Vice-President of the Sparrow division in North Carolina and Virginia. Avery Sparrow will continue in his present role as State Manager of the Sparrow division in North Carolina.
RNDC is the second largest distributor of premium wine and spirits in the United States with operations in Alabama, Arizona, Colorado, District of Columbia, Florida, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Virginia and West Virginia. RNDC employs more than 6,000 individuals nationwide. For more information about the company, please visit www.rndc-usa.com.