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Monster Beverage Completes Acquisition Of Bang Energy

PUBLIC · MNSTJul 31, 2023

Acquiring Company

Monster Beverage Corporation

Acquired Company

Bang Energy

CoronaManufacturingEnergyFood and BeverageHospitality

Description

Monster Beverage Corporation (NASDAQ: MNST) today announced that its subsidiary, Blast Asset Acquisition LLC, completed its acquisition of substantially all of the assets of Vital Pharmaceuticals, Inc. and certain of its affiliates (collectively, “Bang Energy”) for a purchase price of approximately $362 million, subject to adjustments. The acquired assets include Bang Energy beverages and a beverage production facility in Phoenix, Arizona.

Quick answer

Monster Beverage Corporation is acquiring Bang Energy, announced July 31, 2023. Monster Beverage Corporation is based in Corona, California, United States.

How much did Monster Beverage Corporation pay for Bang Energy?
The deal value was not disclosed.
What does Monster Beverage Corporation do?
Monster Beverage Corporation operates in the non-alcoholic beverage industry, primarily focusing on energy drinks.
Where are Monster Beverage Corporation and Bang Energy based?
Monster Beverage Corporation is based in Corona, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Monster Beverage Corporation

Location

1 Monster Way

Corona, California, United States

About

Monster Beverage Corporation operates in the non-alcoholic beverage industry, primarily focusing on energy drinks. The company offers a variety of energy drink products designed to provide energy and focus, catering to a diverse demographic, including athletes and active individuals. Its product lineup includes multiple flavors and formulations that appeal to various consumer preferences. Based in Corona, California, the company serves markets both domestically and internationally, achieving widespread distribution through multiple retail channels. Recently, Monster has been concentrating on expanding its market presence and increasing engagement with consumers through innovative marketing strategies.

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Frequently asked

Who acquired Bang Energy?

Bang Energy was acquired by Monster Beverage Corporation, based in Corona. The deal was reported on July 31, 2023. Monster Beverage Corporation operates in the non-alcoholic beverage industry, primarily focusing on energy drinks. Monster Beverage Corporation is publicly traded (MNST) and operates in Manufacturing.

When did Monster Beverage Corporation acquire Bang Energy?

Monster Beverage Corporation's acquisition of Bang Energy was reported on July 31, 2023. Monster Beverage Corporation (NASDAQ: MNST) today announced that its subsidiary, Blast Asset Acquisition LLC, completed its acquisition of substantially all of the assets of Vital Pharmaceuticals, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bang Energy do?

Bang Energy - Fuel Your Destiny. Power up with potent brain & body-rocking fuel. Featured brands from VPX Sports, Meltdown & Redline It is privately held.

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