Monster Beverage Corporation has entered into an agreement to acquire substantially all of Bang Energy’s assets. The transaction is subject to certain terms and closing conditions, including obtaining Bankruptcy Court approval.
If the transaction is approved, Monster will acquire Bang Energy’s performance beverages and related businesses. Bang Energy is a leading energy drink brand in the U.S., with products that include Bang Energy, Meltdown, Quash, Vooz, and Redline.
The acquisition would give Monster a significant boost in its energy drink business. Monster is already the leading energy drink company in the world, but Bang Energy is one of the fastest-growing energy drink brands.
The acquisition is expected to close in the second half of 2023.
Key points:
- Monster Beverage Corporation and Vital Pharmaceuticals, Inc. have entered into an agreement to acquire substantially all of Bang Energy’s assets.
- The transaction is subject to certain terms and closing conditions, including obtaining Bankruptcy Court approval.
- If the transaction is approved, Monster will acquire Bang Energy’s performance beverages and related businesses.
- Bang Energy is a leading energy drink brand in the U.S., with products that include Bang Energy, Meltdown, Quash, Vooz, and Redline.
- The acquisition would give Monster a significant boost in its energy drink business.
- The acquisition is expected to close in the second half of 2023.