Winebusiness.com - Homepage for the Wine Industry

Monarch Details Employment Changes Amid Acquisition

October 26, 2020

Indianapolis-based Monarch Beverage has filed a notice with the state saying 633 employees will be laid off in December. The notice comes less than three weeks after the beer distributor said it would be acquired by Illinois-based Reyes Beer Division. However, Reyes says it plans to employ most of the affected workers once the acquisition closes.