That was quick. Four years after paying a billion dollars to buy Ballast Point Brewing, Constellation Brands has announced that they will sell the brewery to Kings & Convicts Brewing Co. of Chicago. Full press release here.
ABInBev Takes Marketing Shots at Local Craft Brewers
Over the last few weeks, ABInBev has taken marketing shots at craft breweries in the same market as ABInBev’s faux craft brands, triggering pushback from both the targeted breweries and the consumer. Oregon brewpub Flat Tail Brewing accused ABInBev brand 10 Barrel Brewing of using the Flat Tail slogan “Dam Good Beer.” Via Instagram… Read More…
Pabst to Move Production from MillerCoors to City Brewing
As the beer world turns. Few beer consumers know that many large beer brands are often brewed in breweries far removed from the brand itself. Pabst is a classic example of a brand without a true home, having been brewed under contract for many years at MillerCoors breweries. And now the gypsy brewer has… Read More…
AB Buys Remaining Stake in Craft Brew Alliance
Anheuser-Busch InBev continues with its craft buying frenzy with the announcement this afternoon of the purchase of Craft Brew Alliance for $16.50 a share. CBA closed today’s trading session at $7.33 a share. ABInBev, which currently owns 31% of CBA will now pay $68.8 billion for the balance of the company. The deal will… Read More…
Bud Light Jumps on Seltzer Craze
It was only a matter of time. Anheuser-Busch has finally, and officially, announced that it will be rolling out a line of hard seltzers under the Bud Light mantle. Rather than develop a new brand, AB must feel that using the Bud Light brand will give the seltzers immediate recognition. The four flavors… Read More…
Molson Coors Cuts 500 Jobs to ‘Invest in Brands’
Molson Coors announced today that they will trim down and restructure in an effort to “get back on the right track,” said Molson Coors president and CEO Gavin Hattersley said in a press statement. The company will also change its name in January to the Molson Coors Beverage Company. The name change synchs with… Read More…
ABInBev Accuses MillerCoors of Stealing Secret Recipes
“CornGate” gets deeper. Anheuser-Busch InBev has now accused Molson Coors of stealing secret beer recipes in relation to the ABInBev/MC battle over the use of corn syrup in beer. Molson Coors initially sued ABInBev in March over the ‘Corrugate’ ad campaign. A judge in May temporarily stopped Bud Light from running some of… Read More…
Constellation to Close VA Ballast Point Location
Constellation isn’t giving up on Ballast Point yet, but in a sign that they are trying to minimize loses on their $1 billion investment, it was reported yesterday that the Ballast Point taproom and restaurant in Daleville, Virginia will close. According to the Ballast Point Virginia Facebook page, the brewery next to the on-premise… Read More…
AB’s ‘Beer Garage’ Experiments with Artificial Intelligence
AB InBev has created a division with the intent to use artificial intelligence to improve everything from the brewing process to its marketing platforms. The “Beer Garage” is an AB InBev Silicon Valley-based hub where employees research, develop and test technology-driven solutions according to a story at Forbes. AB InBev’s global director of innovation,… Read More…
Federal Judge Gives AB a Packaging ‘Use-Up’ in CornGate Case
A federal judge on Wednesday ordered Anheuser-Busch to stop using Bud Light packaging that implies that MillerCoors beers contain corn syrup. The decision by Milwaukee-based U.S. District Judge William Conley allows a “use-up” which means that AB can use the packaging it has until it runs out, or until March 2020, whichever comes first…. Read More…
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