Uinta Brewing Company Releases Port O’ Call Belgian Style Dark Ale
Uinta Brewing Company releases Port O’ Call, a Belgian Style Dark Ale aged in Port barrels imported from Portugal’s Douro Valley.
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Craft beer industry news.
Sudwerk Brewing Releases Winter Seasonal Doppel Bock
Dark, bold and delicious, Sudwerk Brewing Co.’s winter seasonal beer, the Doppel Bock Ultimator, is back for 2015. Sudwerk brewers continue to make this dark, German lager as authentic as possible. A 10-week, cold storage process gives the Doppel Bock Ultimator a velvety smooth finish, earning it countless medals since its original release 25 years ago. Roasted malts create the reddish-black color and coffee-like flavors. With 8% ABV and a moderate 45 IBU, it warms us up just in time for the holiday season.
CraftWorks Restaurants & Breweries Group, Inc. Appoints New Chief Human Resources Officer
CraftWorks Restaurants & Breweries Group, Inc., the largest craft brewery restaurant operator in the country, announced today the appointment of Sarah Stephensonto the position of Chief Human Resources Officer. Stephenson, who most recently served as vice president of human resources at The Laclede Group, Inc., will report directly to Srinivas Kumar, CraftWorks Restaurant & Breweries’ chief executive officer. She joined the company as of August 10, 2015 and will be based in the company’s headquarters in Broomfield, Colo.
Constellation Brands Makes a $1 Billion Bet on Craft Beer
It took some time, but Constellation Brands (NYSE: STZ) has officially entered the craft beer business, today announcing the $1 billion acquisition of San Diego’s Ballast Point Brewing & Spirits. It’s a blockbuster transaction — the largest ever in craft — and represents an astonishing $3,500 per barrel multiple, as Ballast Point is expected to produce 290,000 barrels in 2015.
Constellation to Acquire Ballast Point for $1 Billion
Constellation Brands is officially entering the craft beer category, and in a big way. The Corona and Modelo maker today announced it would acquire San Diego’s Ballast Point Brewing for a whopping $1 Billion. “The purchase price values the acquisition multiple of the projected calendar 2016 Ballast Point EBITDA in the mid-to-high teens range,” Constellation said in a press statement.
Magic Hat Welcomes Holiday Season with New Releases
Magic Hat Brewing Company recently released sixth barrels of one of its most celebrated holiday beers outside of Vermont for the first time ever. Feast of Fools, a festive raspberry stout, earned high marks from The Bros at Beer Advocate, as well as its cult-like following of passionate beer drinkers. Due to demand, last year, limited bottles were shipped nationally for the first time ever and sold out quickly.
Brewbound Voices: The Top 5 Reasons Craft Brewers are Turning to ESOPs
Liquidity options are plentiful for owners of craft breweries: strategic sale, private equity, management buyout, family transfer, leveraged recapitalization. Which path should you take? Harpoon, New Belgium, Odell, Left Hand and many others walked a different path. These breweries chose to implement an Employee Stock Ownership Plan (ESOP). ESOPs can be a great exit strategy for craft brewers. Outlined below are the top five reasons why craft brewers should consider an ESOP.
Distribution Update: Maui Expands on East Coast; Fremont Brewing Adds Oregon
After teasing broader East Coast distribution in September, Maui Brewing has officially expanded its reach throughout Florida, New York and Massachusetts, the company announced Tuesday. Meanwhile, Seattle’s Fremont Brewing is making its first significant foray outside of Washington, extending its relationship with Columbia Distributing to include Oregon, the company announced today.
Bridgeport Brewing Takes Gold at European Beer Star Awards
BridgePort Brewing Company, Oregon’s oldest brewery, announced today that Long Ball Ale won gold in the English-Style Gold Ale/Summer Ale category at this year’s European Beer Star Awards held in Doemens Brewing Academy in Gräfelfing, near Munich, Germany. Long Ball Ale, dry-hopped with Meridian hops from Willamette Valley, is a golden ale with refreshing lemon notes crafted by Brewmaster Jeff Edgerton.
BarrelHouse Brewing Co. Releases Night Ryder Winter Seasonal
Announcing Night Ryder, an Imperial Black Rye IPA from BarrelHouse Brewing Co.. One of their most popular seasonal releases, Night Ryder is brewed with local spruce tips and a hefty amount of dark malts and rye making this creation quite unique.
Coronado Brewing Releases 2015 Stupid Stout
There’s no doubt, it’s the season of the stout. With their final Crown Series offering of 2015, Coronado Brewing Company is rounding out the year with a bang and launching Stupid Stout. This Imperial Stout is worth its weight in gold and has garnered a 97 overall score on RateBeer.
No-Li’s Born & Raised IPA Now Available in Cans
2015 has been an eventful year for this Spokane brewery, and in true No-Li fashion, they’re making sure to end it with a bang! Hitting the market today are the beautiful and brand new six-pack cans of No-Li’s flagship brew, Born & Raised IPA.
Carnival Cruise Line Now Serving Heavy Seas Beer
Heavy Seas Beer is the latest locally brewed beer to be featured on a Carnival Cruise Line ship. Based in Baltimore, Heavy Seas is now served on Carnival Pride, which sails seven-day cruises year-round from the Port of Baltimore.
Mims Distributing Company Welcomes Southbound Brewing Company To Portfolio
Mims Distributing Company, a wholesale beverage distributor in North Carolina, has added Southbound Brewing Company to its lineup of brewing partners. The Savannah, Georgia-based brewery opened in May 2013 and aims to cater to the tastes of the South by bringing the craft beer revolution to Savannah’s back door.