Artisanal Brewing Ventures, a private equity group formed by the the merger of Victory Brewing Company and Southern Tier Brewing Company two years ago, announced today that they were acquiring Brooklyn-based Sixpoint Brewing of Brooklyn. “Our resources, expertise in craft beer and high operating standards can unlock Sixpoint’s growth potential, improve its productivity, and… Read More…
BA Proposes Change to Craft Brewer Definition
In a letter to its members, Brewers Association board president Eric Wallace covered three updates from a recent board of directors meeting. The first was a “proposed” update to the Brewers Association’s craft brewer definition. This change would eliminate the “traditional” requirement from the current craft brewer definition. The current definition states that an American… Read More…
Reyes Group Picks Up Constellation in Southern California
In a tectonic shift to the beer distribution network in one of the largest markets in the country, the Reyes Beverage Group has closed the deal on acquiring Constellation Brands beer portfolio from two more Southern California beer wholesalers. Reyes picked up Corona, Modelo, Pacifico and Ballast Point from Beauchamp Distributing Company in Compton… Read More…
Industry Icon Bill Coors Passes On
William “Bill” Coors, the grandson of Adolph Coors and one-time chairman of the Adolph Coors Company died on Saturday. He was 102. Bill began his colorful career with what was then a small brewing company in 1939. Twenty years later he was appointed to chairman of the board where he ran the company until… Read More…
Another GABF in the Record Books
The Brewers Association (BA) hosted the Great American Beer Festival (GABF) for the 37th year in a row in Denver last Thursday through Saturday. And once again, it was bigger than ever. Over 800 breweries poured more than 4,000 beers with approximately 62,000 people attending over the course of the three days. As those in… Read More…
Craft Levels Off in YTD Report
Patrick Livingston from IRI gave a compelling update on the health of craft in his Brewers Assortation (BA) Power Hour presentation today. Most notable was that craft is leveling off in the IRI tracked off-premise as the year progresses. Craft had shown growth through March but has grown very little since then. BA-defined craft… Read More…
BA Rolls Out New Independence Campaign
The Brewers Association (BA) has launched a new national awareness campaign called “That’s Independence You’re Tasting” In an ongoing effort to “distinguish and promote America’s small and independent craft brewers,” according to a BA press release. The videos will be presented across a variety of media platforms. “Independent craft brewers are a success story… Read More…
Kansas’ Largest Brewery to Cease Operations
Kansas certainly isn’t known as a top-tier state for craft beer, but when the largest craft brewery in the state closes, it is notable. According to numerous news sites, Tallgrass Brewing is ceasing all production this week as it failed to secure financing to keep the kettles boiling. Founded in 2007, the company built… Read More…
Busy Week at Constellation: Going to Pot, Layoffs and a Brewpub
An interesting week at Constellation as various industry sources reported the company has laid off 60 employees in their craft division while at the same time investing $4 billion (billion with a “B”) in the cannabis company Canopy Growth Corporation. The massive investment will raise Constellation’s stock holding to 38% in the Canadian-based multi-layer… Read More…
BA Reports 5% Craft Growth in Mid-Year Report
Production volume for the craft segment was up 5% during the first half of 2018 according to the Brewers Association mid-year report. This shows stabilization following a 5% growth for full-year 2017. “While more mature, the market continues to show demand for small and independent craft brewers,” said Bart Watson, chief economist, Brewers Association…. Read More…
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