Reyes Beer Division agreed to acquire Monarch Beverage Co. in Indiana. Terms weren’t disclosed.
It’s the first time Reyes Beer Division East has entered a new state since 2011, when it entered Florida, said Stephen Reyes, president.
The acquisition will add about 600 employees, 16.1 million cases, 6,000 customers and brands from Molson Coors, Constellation, Heineken USA, Diageo, Mike’s, Boston Beer, Yuengling, Lagunitas and Pabst Blue Ribbon.
Monarch Beverage, based in Indianapolis, has been locally owned and operated since 1947, said Phil Terry, Monarch’s ceo.