Monthly archive for January 2022

Monster Beverage, a fixture in seemingly every convenience store cooler in the country has longed to get into the alcohol business for well over a year. It appears they’ve finally set their eyes on a target. The company has announced it will acquire CANarchy Craft Brewery Collective, maker of Craft Beers and Seltzers. Affected Breweries include Cigar City (Florida), Oskar Blues (Colorado, North Carolina, Texas), Deep Ellum (Texas), Perrin (Michigan), Squatters and Wasatch (Utah); but not their associated restaurants. The alleged price of purchasing the breweries from Fireman Capital Partners

Constellation Brands, makers of Corona Beer sold in the United States, announced plans to invest $ 5.5 Billion in Mexico over the next four years. This includes a new $ 1.5 billion dollar brewery in Vera Cruz. Once operational it will provide the company with capacity never realized when a water dispute caused it to abandon a nearly completed brewery in 2020, located in Mexicali. Constellation booked a loss of $ 700 Million on the closed Plant. Additional funds from the investment plan includes upgrades and expansion of Constellation’s two