Announced
Completed
Financials
Tags
Single Bidder
breweries
Brewers
Domestic
United States
Majority
Friendly
Acquisition
Private
Completed
Synopsis
Monster Beverage, an energy drink subsegment of the beverage industry, completed the acquisition of CANarchy Craft Brewery Collective, an operator of a holding company for breweries, for $330m. “This transaction provides us with a springboard from which to enter the alcoholic beverage sector. The acquisition will provide us with a fully in-place infrastructure, including people, distribution and licenses, along with alcoholic beverage development expertise and manufacturing capabilities in this industry," Hilton Schlosberg, Monster Vice Chairman and Co-CEO.
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