And the 2020 M&A season kicks off. Less than a month into the year, the first acquisition of a craft brewery in 2020 was announced today when Miller Coors disclosed the acquisition of Detroit’s Atwater Brewery Terms of the deal were not disclosed. Atwater sold all of its assets, including its Detroit and… Read More…
Pabst Goes ‘Craft’
Pabst Brewing Company has been through a long and storied history. It’s a brand that has always been able to find a new life, just as it looked like the end might be near. The company dates back to the mid-1880’s and became the first American brewery to reach 1 million barrels of production… Read More…
Boulder Beer to Close Brewery
Iconic pioneering Boulder Beer Company announced yesterday that they will close their Boulder, Colorado brewery and sell the building. The announcement comes just three months after the company said that they were downsizing by terminating all packaging and limiting business to only their onsite brewery tap room sales. Not more than a few weeks… Read More…
Boulder Beer Back in Distribution
Just two weeks after pioneering Colorado brewery Boulder Beer Co. announced it would soon be shipping its last bottled products and selling beer only out of the brewery tap room, the brewery has struck an agreement with a nearby brewer to contract Boulder beer in package. Sleeping Giant Brewing Co. has agreed to produce… Read More…
Constellation Sells Ballast Point
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.
‘Brewery Collectives’ – the New Future?
One view that was mostly hidden from the astounding news yesterday that New Belgium Brewing sold to Kiri’s is the fact that the deal may coalesce a broader collection of U.S. breweries than most people realize. Magnolia Brewing in San Francisco is owned by New Belgium Brewing and is part of the sale package…. Read More…
Artisanal Brewing Ventures Picks Up #2 US Cider Brand
Artisanal Brewing Ventures has announced the acquisition of Bold Rock Hard Cider, the second largest cider producer in the US next to Boston Beer’s Angry Orchard. The deal comes one day after New Belgium announced a sale to sale to Kirin-owned Lion Little World Beverages and a week after ABInBev picked up the remaining… Read More…
New Trend, New Word; Brewstillery
Not long ago, when a brewery opened its doors, it was more often than not the first brewery in town or at least the neighborhood. Being the “local” brewery meant that there was little competition. Those days have changed. It’s not uncommon now for small towns to have a number of breweries competing with each… Read More…
Founders Brewing Faces Scrutiny in Discrimination Lawsuit
Founders Brewing Co. is facing widespread media exposure following a leaked transcript of a deposition in a racial discrimination lawsuit against the Michigan brewery. The media attention comes at a time when the craft brewing industry is working to overcome an image of being slow to diversify its workforce as the industry grows. … Read More…
Maui Brewing Goes 100% Off-Grid
Maui Brewing Company disconnected from the power grid. Not like in northern California where last week’s temporary power shut off was due to extreme fire danger, but by choice. The Maui Brewing production plant in Kihei, Maui, Hawaii now gets 100 percent of their power from self-sustaining, off-grid sources. The 85,000 square foot brewery… Read More…
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