![]() ![]() That group is what later became CANarchy. The company had negotiated a potential sale to Anheuser-Busch InBev before selling in 2016 to the owners of Oskar Blues for an estimated $60 million. “We look forward to capitalizing on the combined expertise of Monster and CANarchy to further strengthen our current alcoholic product offerings, expand our product portfolio to meet the ever-changing needs of our customers, and to grow our business.”įounded in 2009, Cigar City quickly became one of Tampa’s most prominent breweries, with brands like Jai Alai IPA and Maduro Brown Ale staples not just across Tampa Bay but around the country. “The team at CANarchy is thrilled to be joining Monster,” CANarchy CEO Tony Short said in a statement. “The acquisition will provide us with a fully in-place infrastructure, including people, distribution and licenses, along with alcoholic beverage development expertise and manufacturing capabilities in this industry.”ĬANarchy is expected to retain its existing institutional structure and operate as an independent arm. “This transaction provides us with a springboard from which to enter the alcoholic beverage sector,” Monster vice chairman and co-CEO Hilton Schlosberg said in a statement.
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