AMCON Distributing Company Acquires Richmond Master Distributors, Inc.

April 19, 2024

AMCON Distributing Company has signed an asset purchase agreement to acquire Richmond Master Distributors, Inc. ("Master Distributors") of South Bend, Indiana. AMCON will continue to serve Master Distributors' customers from the South Bend location and expects the transaction to close in its fiscal 2024 third quarter, expanding AMCON's geographic footprint and service capabilities.

Buyers
AMCON Distributing Company
Targets
Richmond Master Distributors, Inc.
Sellers
Patrick Carrico, Scott Carrico, Carrico family
Industry
Food & Beverage
Location
Indiana, United States
Transaction Type
Buyout

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