We’ve been waiting to find out who was the next purchase for Anheuser-Busch. The answer comes today – Golden Road Brewing.
Today, Anheuser-Busch InBev has purchased Golden Road Brewing, based in Los Angeles, California.
As Andy Goeler, CEO of Craft and Anheuser Busch InBev states in the video above, this all started with the Goose Island partnership (purchase) 5 years ago. Building off of that success, A-B InBev purchased Elysian, Blue Point, and 10 Barrel Brewing.
Brewery founder Meg Gil explains how impressed she is with A-B’s work with the “craft brands” prompted the deal, despite the 100% growth since they opened four years ago. She wanted to be with a “winning team”.
Goeler states the beer, the Golden Road culture, and the brewery’s pioneering of the craft scene in L.A. made the purchase a no brainer.
From here, Golden Road will go to Anaheim and Grand Central markets in California, with some hints of national distribution coming soon. A new Golden Road pub will be built in Los Angeles, and a second pub and production location coming to Anaheim in 4th quarter 2016.
Currently, Golden Road produces 45,000 barrels of beer (1.4 million gallons) annual. Details of the deal have not been disclosed. Brewery founder Meg Gil tweet moments ago, the deal with AB InBev has officially closed today, November 18th in Saint Louis, Missouri.