“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.” says Hilton Schlosberg, Vice Chairman and Co-Chief Executive Officer of Monster Beverage Corporation.
The purchase is expected to go through in the first quarter of this year. Nevertheless, CANarchy is to be allowed to operate independently and retain both internal processes and the existing team.
Source: inside.beer (https://tinyurl.com/2p8u9zac)
The purchase is expected to go through in the first quarter of this year. Nevertheless, CANarchy is to be allowed to operate independently and retain both internal processes and the existing team.
Source: inside.beer (https://tinyurl.com/2p8u9zac)
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