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The holding company, which has a relationship with MONSTER BEVERAGE management, paid $ 19.2 million for the Thrifty Ice Cream brand and medical business.
Hilton Schlosberg, the CEO of Monster, and Hilrod Holdings owned by former Monster Co-ce Rodney Sacks are purchasing Thrifty from Rite AID. According to the court document submitted on June 26,.
Rite AID sells 85 -year -old ice cream brands as part of the bankruptcy process of pharmacy chains.
The transaction containing KPH medical services was this transaction. Approval of the federal bankruptcy judge on July 1.
It is not known what Hilrod is related to the Storied brand. Ice cream was sold at retailers on the west coast, including Rite AID, which closes many stores.
But Sacks and Schlosberg are not strangers who offer a new life in a downward company. Executives are considered co -founders of MONSTER and have been converted from soda and juice providers known as Hansen’s S.
The duo acquired Hansen 1988 bankruptcy application. Beverage producers must be in 2002 We have released a popular monster energy drink. In addition to signature drinks, monsters have been extended to craft beer, hard cell and fragrant malt drinks.
Sack retired In June, the company left Schlosberg as the only chief executive of Monster.
