There are a lot of craft brewery owners who are ready to exit the industry and are quietly looking for a buyer. But who is buying craft breweries in this new era of slow growth? The wine industry may be one avenue to look at. Ackley Brands, a family-based, Pacific Northwest company that owns several Northwest wineries announced that it has acquired Mac & Jack’s Brewing of Redmond, Washington.
Mac & Jack’s Brewing, which opened in 1993, is a family-owned legacy Pacific Northwest brewery. The company has reportedly been looking for a buyer for a while.
Ackley Brands was founded in 2016 when the Ackley family purchased Montinore Estate, which had been producing wine in Oregon for nearly forty years. The company has expanded through acquisitions since and now owns for different wineries. The Mac & Jack’s acquisition is Ackley’s first entry into the craft beer segment.