US group Blue Monkey Beverage wants to continue using M&A as a vehicle to build its portfolio in the next 18 months as it seeks to enter more soft drinks categories. Blue Monkey was sold last year by founders Simon and Mary-Jane Ginsberg to private-equity firms Boyne Capital and Fifth Ocean Capital. Earlier this month, the Boston-headquartered business secured its first acquisition with the purchase of sports-drinks brand Local Weather and is keen to enter other “non-competing categories”, CEO Steve Bec ...