Anheuser-Busch will pay Craft Brewers Alliance $20 million after the global brewer decided not to exercise its option to acquire the company. The decision was not unexpected, but CBA was “disappointed” according to a story in CPS Daily News. Three years after A-B, which currently owns a 31.3% stake in CBA, indicated it could… Read More…
‘Hardest Seltzer in the Universe’ from Four Loko
The hard seltzer craze has taken off, with breweries of all sizes jumping into the category. One of the allures of this new beverage is that it seems to satisfy a growing desire by drinkers to consume less alcohol. Most hard seltzers are weighing in at 4-5% abv. Four Loko is looking the… Read More…
To Buy or Not to Buy – ABInBev Faces Deadline on CBA
When Anheuser-Busch InBev partnered with Craft Brew Alliance in 2016, they were given a deadline of August 23rd, 2019 to make a qualifying offer of $24.50 per share, which would amount to about $475 million, or else it has to pay Craft Brew $20 million. The clock is ticking as the deadline nears, and the… Read More…
Bubble Gum IPA – Gone Too Far?
With the craft beer industry already under siege by many who feel that beer style proliferation has gone too far in an attempt to attack attention and entice more sales, Anheuser-Busch InBev’s Blue Point Brewing has just released Bubble Brain IPA, a “small batch, bubble gum beer, driven by fruit, spices and yeast,” Barry McLaughlin,… Read More…
The Buying Continues – AB Acquires Platform
They are apparently not done yet. After a break of two years since buying its last craft brewery, many in the industry thought Anheuser-Busch might have set aside its buying spree of craft breweries. Not so, as the global company announced today that it has acquired Platform Beer Co. of Cleveland. Platform fits the… Read More…
ABInBev Sells Australian Subsidiary to Asahi
AB InBev has announced that it will sell its Australian subsidiary Carlton & United Breweries to Tokyo-headquartered Asahi in a deal valued at $11.3 billion. The deal was announced just days after AB InBev pulled plans to list its Asia business on the Hong Kong Stock Exchange in an IPO that could have raised… Read More…
Sad But True Department – Pabst Intros Hard Coffee
The “new age” of alcohol beverages is the talk of the industry with hard seltzers, hard kombucha and other innovative drinks seemingly all the rage. Like a race to be the “next new style” of beer created grapefruit IPA’s, Hazy this-and-that and other esoteric flavors, will we now see a surge in “off-flavored” alcoholic beverages?… Read More…
Pressure is Up – Are Prices Going Down?
No doubt the entry of into the craft segment by Anheuser-Busch and other Big Alcohol giants through craft brewery acquisitions has turned up the pressure in the market place. Competition is as tough for craft brewers as it has ever been. But will Big Alcohol use their size to push pricing down – to squeeze… Read More…
ABI Looks to Open Craft Distillery in Bend
Anheuser-Busch is planning on opening a small distillery in Bend, Oregon, not far from 10 Barrel Brewing Company which they acquired in 2105. According to an article in The Bulletin, ABI filed pre-application documents with the city of Bend to operate the 600-liter distillery. 10 Barrel already has a distilling license and cans… Read More…
Trump Tariff Impact on Mexican Imports
The price of number one import Corona and other fast-growing Mexican beers will likely increase as President Donald Trump announced on yesterday that he will impose a stiff tariff on imported goods from Mexico starting June 10th until “such time as illegal migrants coming through Mexico” stop. The proposed tariff, which will start… Read More…
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