Monster Beverage Corporation Acquires CANarchy Craft Brewery Collective

January 13, 2022

Monster Beverage Corporation agreed to acquire CANarchy Craft Brewery Collective LLC for $330 million in cash. CANarchy — a collective of craft beer and hard seltzer brands including Cigar City, Oskar Blues, Deep Ellum and others — will operate independently under its existing management and the deal excludes CANarchy's stand-alone restaurants; the transaction was expected to close in Q1 2022 subject to customary approvals.

Buyers
Monster Beverage Corporation
Targets
CANarchy Craft Brewery Collective LLC
Industry
Food & Beverage
Location
Colorado, United States
Transaction Type
Buyout

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