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Mahou San Miguel takes majority stake in Avery Brewing

Avery Brewing has announced an expanded partnership Mahou San Miguel. The Madrid, Spain brewing company now has a 70% stake in Avery.

In November 2017 Mahou took a minority stake in Avery after brewery founder Adam Avery and his father had been searching for the right strategic partner. Today, Mahou took larger piece of the Boulder, Colorado brewery.

This collaboration creates more opportunities to continue our dedication to “Beer First,” our team and growth in our craft. We are convinced that Mahou and Founders Brewing Co are the perfect partners to grow our brands and our presence in the market through a dedicated focus on sales, marketing, national accounts and Colorado. – Adam Avery

Stateside, Mahou San Miguel also owns a minority stake in Michigan based Founders Brewing.

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