Headlines
New Belgium Brewing Company has entered into an agreement to purchase the assets of San Francisco’s Magnolia Brewing Company, as a part of a bankruptcy proceeding. The majority stake will be owned by New Belgium, with minority stakes owned by Elysian Continue Reading →
Rumblings of a potential Funky Buddha purchase have been rolling around for a while. Today the rumors are now fact – Constellation Brands has acquired Florida’s Funky Buddha.
Constellation made a splash in 2015 with the $1 billion dollar acquisition of Continue Reading →
Dogfish Head Liquid Truth Serum IPA will round out the Delaware brewery’s 2017 lineup later this year.
The makers of famed 60, 90 and 120 Minute IPA released coconutty hit Lupu-Luau this summer. This winter is looking hoppy as well. Dogfish Head Continue Reading →
121-year-old Anchor Brewing has been acquired by Japan’s Sapporo Holdings LTD.
Anchor Brewing was established in 1896; most well-known for their Anchor Steam Beer. By 1965 the brewery was nearing bankruptcy when it was purchased by now craft beer pioneer Fritz Continue Reading →
As June 2017 draws to a close, the operating brewery count has hit 5,562. That’s an increase of 906 breweries during the same time period last year according to the Brewers Association.
Bart Watson, chief economist for the not-for-profit trade association Continue Reading →
Nico Freccia, the co-founder of San Francisco’s 21st Amendment didn’t go looking for a new partnership with Colorado’s Funkwerks, and New York’s Brooklyn Brewery. Like some of the best ideas in life, it grew organically.
The beer business is changing rapidly. Continue Reading →
New York based Brooklyn Brewery has taken minority stakes in both San Francisco’s 21st Amendment Brewery (21A) and Fort Collins, Colorado’s Funkwerks. The trio is creating a combined sales team.
The baseline purpose of this deal is competition. The beer industry Continue Reading →