Two Texas craft breweries, AquaBrew, and ShotGun Seltzer announced that they have reached an agreement to merge.
AquaBrew was founded in 2016 and includes a 20,000 sq.ft. production facility, taproom and beer garden. The expanded facility will allow AquaBrew to scale to over 50K barrels annually. “We have a large, state-of-the-art facility but we needed help with expanding our distributor network and scaling sales across Texas and beyond,” said Founder, Carlos Russo in a new release. “This merger allows us to tap into ShotGun’s 80+ years of combined experience, distributor and retailer relationships.”
ShotGun Seltzer was founded in 2019 by beverage industry veterans Brad and Lori Foster. It is a seltzer-only brewery in Austin, TX and has has over 4,000 retail and on-premise accounts throughout Texas, New Mexico, and Oklahoma. “For us, AquaBrew was a perfect fit. It was a way for us to control our own destiny by gaining ownership in a brewing facility with the capacity we needed to properly grow the brand,” stated ShotGun Co-Founder, Lori Foster.
The combined company will remain independently owned and operate out of the current AquaBrew San Marcos facility. ShotGun Seltzer will become a brand under the AquaBrew company. Brad and Lori Foster will stay on and become the Co-CEOs of the combined entity.