Denver brewer buys Frederick Brewing in Maryland
Flying Dog Brewing Company of Denver, Colorado has bought Frederick Brewing Co.
The purchase price was reportedly $1.4 million.
Flying Dog bought the assets of Snyder International Brewing Co. in Cleveland, which owned the Frederick, Maryland brewery.
While Flying Dog has made good market penetration with its line of beers on the East Coast, the rising cost of fuel and a lack of capacity at its Denver site sparked interest in the deal. Flying Dog is currently sold in 40 states.
The Frederick brewery is continuing to produce about 25,000 barrels of Wild Goose and Blue Ridge beers, and Flying Dog expects production with Flying Dog beers to reach 45,000 to 50,000 a year over the next three to five years.
