Monster Beverage to buy craft-beer maker | NBWA: America's Beer and Beverage Distributors

Energy drinks maker Monster Beverage Corp is entering the alcoholic drinks market through a $330 million deal for craft beer and hard seltzer producer CANarchy Craft Brewery Collective LLC. The deal is a "springboard" for Monster into the alcoholic beverage space, its co-Chief Executive Officer Hilton Schlosberg said in a statement.

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