Molson Coors Completes Acquisition of Atomic Brands (Monaco Cocktails)

Molson Coors Acquires Majority Stake in ZOA Energy

November 8, 2024

Food & Beverage

Molson Coors Beverage Company has acquired a 51% stake in ZOA Energy, the energy drink brand co-founded by Dwayne “The Rock” Johnson and partners; terms were not disclosed. Molson Coors — which previously partnered with ZOA on distribution and invested in September 2023 — will lead the brand’s marketing, retail and direct-to-consumer sales to scale the business and expand its non-alcohol portfolio.

Molson Coors Beverage Company Acquires Blue Run Spirits

August 8, 2023

Food & Beverage

Molson Coors Beverage Company has agreed to acquire Blue Run Spirits, a Georgetown, Kentucky-based producer of premium bourbon and rye whiskies, and will house the brand within its newly established Coors Spirits Co. The founders of Blue Run will remain with the brand, with co-founder Mike Montgomery taking an expanded role leading Coors Spirits Co., as Molson Coors accelerates its premiumization and expansion into the spirits category.

Koios Beverage Corp. Acquires Retox Beverage Corp.

April 5, 2022

Food & Beverage

Koios Beverage Corp. signed a definitive agreement to acquire all issued and outstanding securities of Retox Beverage Corp., a privately held producer of creative soft beverages, sodas and seltzers focused on the bar-mix market. Consideration for the acquisition is 15,000,000 units of Koios (deemed $0.10 per unit, aggregate $1.5 million); the transaction is subject to customary closing conditions and regulatory approvals.

Monster Beverage Corporation Acquires CANarchy Craft Brewery Collective

January 13, 2022

Food & Beverage

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.

Corby (Pernod Ricard) Acquires 90% Stake in Ace Beverage Group

June 13, 2023

Food & Beverage

Corby Spirit and Wine, the Canadian affiliate of Pernod Ricard, will acquire a 90% stake in Ace Beverage Group for an enterprise value of CAD 165 million, with call options to buy the remaining shares in 2025 and 2028. The deal gives Corby a stronger position in the fast-growing Canadian ready-to-drink (RTD) category and will leverage Corby's distribution network to scale ABG's Cottage Springs, Ace Hill and other brands across Canada.

Ace Beverage Group Acquires nude Beverages

August 20, 2024

Food & Beverage

Ace Beverage Group, a subsidiary of Corby Spirit and Wine, has acquired Vancouver-based ready-to-drink alcoholic beverage maker nude Beverages. The deal expands Ace Beverage Group's better-for-you RTD portfolio with nude's vodka soda and related brands; Capital West acted as exclusive financial advisor to nude Beverages.