A holding company linked to top executives at Monster Beverage recently acquired the iconic Thrifty Ice Cream brand along with a healthcare business for $19.2 million. The purchasing entity, known as Hilrod Holdings, is owned by Hilton Schlosberg, CEO of…
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The Weekly Sip: Monster shuts down craft beer plant amid alcohol woes | Jamba Juice gets into powdered hydration
The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…