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Craft beer industry news.

Spirits Investor 99 Proof Partners Seeks Well-Crafted Stories

Spirits Investor 99 Proof Partners Seeks Well-Crafted Stories

Matt Brown had worked with entrepreneurs for more than 20 years, but it was his first beverage client who lured him into craft spirits. Now, the business advisor and entrepreneur is all in, with two partners who are focused on investing in craft spirits brands that have stories that make a splash.

30 Workers Laid Off Following New Belgium and Bell’s Merger

30 Workers Laid Off Following New Belgium and Bell’s Merger

About 30 employees have been let go following the integration of the Bell’s Brewery organization into New Belgium after the latter’s parent company, Kirin-owned Lion Little World Beverages, acquired the former last fall. The layoffs amounted to less than 3% of New Belgium and Bell’s combined workforce.