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…
Hard Seltzer Gets Its Own Festival
How big is hard seltzer? Industry analysts say it comprises about a 1-2% market share of overall beer sales. Big enough to have its own festival. And in Denver none-the-less, home of the original craft beer festival the GABF. Fizz Fight, billed as “America’s first hard seltzer festival and tasting competition” will take place on… Read More…
BA Releases New Sustainability Benchmarking Tool
Since 2015 the Brewers Association has tracking from its members their resource use on a voluntary online data collection portal. The data collected has since been used to develop industry benchmarking reports, which allow brewers to compare their efficiency with other breweries in their region and with breweries of similar production volume around the U.S…. Read More…
Consolidation Continues – Mass AB Distribs Join Up
Massachusetts beer distribution company Quality Beverage announced today that it will acquire neighboring Williams Distributing. Both are Anheuser-Busch distributors and the combined company will be the largest distributor of AB in the state. Terms of the transaction are not being disclosed. The announcement is another in a continuing string of acquisitions in the… Read More…
Finnish develop solution to “exploding” beer bottles & cans
Finnish Scientists hope that instances of exploding bottles and cans of beer will soon be a thing of the past thanks to an innovation that can genetically test for diastatic yeasts. “We don’t have an exact date for when this new technology will be available on the market, but we expect by next year because… Read More…
‘Work to Be Done’ – BA Releases Diversity Study
The Brewers Association has released their first diversity study, the result of an optional poll of the membership intended to give “a pulse on where craft breweries fall tied to a variety of topics including financials, packaging and distribution, human resources, salaries and…. the diversity among the people who work at craft breweries.” “Anyone… Read More…
Wholesaler Consolidation in Texas
Glazer’s Beer and Beverage has purchased GLI Distributing of San Antonio, Texas. GLI is an “all other” wholesaler, a rare breed as consolidation in the middle tier has swept most small wholesalers into larger companies aligned with a major national brand. GLI sells craft brands from Boston Beer, Boulevard and small Austin-based Uncle Billy’s… 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…
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