Hansen Inks Canadian Deal

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Shares in Hansen Natural Corp. got a boost Monday on news the company partnered with PepsiCo Canada to bottle and distribute its popular line of energy drinks.


Monster Energy, Lost Energy, Joker Mad Energy and other Hansen energy products which will be distributed through Pepsi’s network in Canada. PepsiCo will employ its bottling systems, distribution facilities and sale force for the product line. The terms of the deal were not disclosed.


The announcement comes days after the Corona-based drink maker and distributor inked a similar deal with Anheuser-Busch Cos. to distribute Monster drinks to bars and nightclubs in the U.S. Terms of that deal were not disclosed either.


Shares in Hansen jumped $2.48 to $42 in midday trading.

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