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Breakthru Beverage Group Strikes Deal for J.J. Taylor’s Minnesota Beer Business

Breakthru Beverage Group Strikes Deal for J.J. Taylor’s Minnesota Beer Business

Breakthru Beverage Group has reached a deal to acquire J.J. Taylor Companies’ beer business in Minnesota, the companies announced today. Financial terms of the transaction were not disclosed. However, Breakthru expects the deal to close in the spring, pending customary closing conditions. Once closed, Breakthru will consolidate its beer portfolio into J.J. Taylor’s 600,000 sq…. Read more »

BeerBoard: On-Premise Open Rate Returns to Previous High of 93%

BeerBoard: On-Premise Open Rate Returns to Previous High of 93%

The open rate of bars, breweries and restaurants tracked by BeerBoard has returned to 93% during the February 24-27 weekend, the highest it has been since May 2020, according to the Syracuse, New York-based on-premise tracking firm.

Monster Execs Discuss Alcohol Strategy; CANarchy Deal Closed February 17

Monster Execs Discuss Alcohol Strategy; CANarchy Deal Closed February 17

On February 17, Monster completed its acquisition of CANarchy Craft Brewery Collective LLC for $330 million, bringing a roster of craft beer brands into its portfolio including Oskar Blues, Cigar City, Deep Ellum, Perrin Brewing, Squatters and Wasatch.