In a stunning series of craft brewery acquisitions over the course of the last few months, Anheuser-Busch announced today that it is buying Los Angeles-based brewery Golden Road Brewing.
Like the MillerCoors purchase of Saint Archer, the Golden Road deal has been rumored for a while. But it was still a shock to many when the news was announced.
Golden Road, which is targeted to sell 45,000 barrels of beer this year, is a fast growing California brewery that will add even more craft brands into the AB portfolio – mainly to satisfy their independent wholesaler network.
In addition to Golden Road, AB now fully owns Goose Island Beer Company, Blue Point Brewing, 10 Barrel Brewing and Elysian Brewing.