Anheuser-Busch announced today that the world’s largest brewery will purchase the largest craft brewery in Arizona, Four Peaks Brewing. The terms of the transaction have not been disclosed.
With this purchase, A-B InBev has purchased six craft breweries; a list that includes Goose Island, Blue Point, Elysian Brewing, 10 Barrel Brewing, and most recently – Golden Road Brewing in Los Angeles.
Four Peaks Brewing, combined with the above breweries lineups, make up what A-B dubs “The High End Division” of beers.
“As the leading craft brewery in Arizona, we’re proud of what we’ve built and of our brewing heritage. We’re excited to build on that success with The High End,” said Jim Scussel, Four Peaks co-founder. “Arizona has a rapidly-growing fan base for craft beer and we look forward to more opportunities to share what Four Peaks is about within our local community, and beyond,” added Randy Schultz, Four Peaks co-founder.
As for Four Peaks Brewing, it opened in 1996, and now operates four locations in Tempe, Scottsdale and Sky Harbor Airport in Phoenix.
The deal is expected to be closed by the end of Q1, 2016.