Drink Craft Beer LLC, a Boston-based beer festival organizer, has purchased various assets of The Pintley Company, an events business that helped craft breweries promote their products through various meetups across the United States. Specific financial terms of the transaction, which closed earlier this month, were not disclosed, Drink Craft Beer co-founder Jeff Wharton told Brewbound.
The Brewers Association – a not-for-profit trade group representing the interests of small and independent U.S. craft breweries – today debuted an official “independent craft brewer seal” that it hopes brewery owners will “proudly display” on packaging, marketing materials, merchandise, websites and in taproom windows, among other places. The marker is aimed at helping drinkers distinguish between beers produced by small craft beer companies and those made by multinational corporations, such as Anheuser-Busch InBev, which has purchased 10 craft breweries since 2011.
Standard Sales Company, based in Odessa, Texas, has announced plans to purchase Falls Distributing Company in Wichita Falls, Texas. Specific financial terms were not disclosed, and the transaction, which is pending supplier approvals, is expected to close on September 1, according to a press release issued by Standard Sales Company last Friday.
On a recent visit to Connecticut, Dan Kenary, the co-founder and CEO of Boston’s Harpoon Brewery, discovered that 60 percent of the unrefrigerated beers at one retail account did not have code dates. “That’s shameful,” he exclaimed to roughly 200 beer industry professionals attending last week’s Brewbound Session business conference in New York City.
Constellation Brand’s continued effort to move Ballast Point Brewing into its so-called “Gold Network” of U.S. beer distributors took a significant leap forward this month when the San Diego-based brewery’s distribution rights were sold in its second largest market — Massachusetts.
Constellation, a cross-category alcoholic beverage company best known for selling Mexican import offerings Corona and Modelo, has confirmed to Brewbound that Ballast Point beers are no longer being sold in Massachusetts by Atlantic Beverage Distributors and the Sheehan Family Companies-owned Craft Beer Guild LLC.
Yet another established craft brewery founder has stepped away from day-to-day CEO responsibilities. Deschutes Brewery founder Gary Fish has turned his CEO position over to Michael LaLonde, who had been serving as the president and chief operating officer for the Bend, Oregon-based craft brewery.
The number of licensed breweries in Virginia has grown 468 percent since 2012, Gov. Terry McAuliffe announced last week. In a press release, Gov. McAuliffe said Virginia was now home to 206 licensed beer companies, ranking the mid-Atlantic state no. 13 in the U.S. for number of breweries.
Krispy Kreme Doughnuts chief marketing officer Jackie Woodward has joined Craft Brew Alliance’s board of directors, the publicly traded, Portland, Oregon-based beer company announced today. Woodward was elected to CBA’s board during a May 17 shareholders meeting and fills a position vacated by John D. Rogers, who was required to retire after turning 72, a stipulation in the beer company’s bylaws.
With an investment in Ratebeer.com, global beer giant Anheuser-Busch InBev may be showing a craft-focused digital media strategy to accompany its growing stable of craft brewery acquisitions. In addition to buying at least a dozen breweries in the U.S. and abroad in the past couple of years, the company has quietly assembled and invested in a pair of web sites that provide beer industry content.
Molson Coors is making its first significant move into the Mexican import category. The company today announced that it had inked a 10-year agreement, via its MillerCoors U.S. division, to import, market and distribute Heineken’s Mexican-made Sol brand.
Dogfish Head, the 14th largest U.S. craft brewing company according to trade group the Brewers Association (BA), has officially added another territory to its growing distribution footprint. The Delaware-based craft brewery said Monday that it would begin shipping its full portfolio of beers to Oklahoma this month, confirming a mid-April report from Tulsa World.
Southern California’s Cismontane Brewing Company today announced that it has acquired the brewing equipment assets of distressed Poway, Calif.-based Lightning Brewery in a transaction that will not include the rights to the Lightning brand or its tasting room. In a conversation with Brewbound, Cismontane Brewing CEO Evan Weinberg described Lightning Brewery as a struggling entity on the verge of bankruptcy and said he intends to accept offers for the acquired brewing equipment or resell the entire brewery as a turnkey operation.
U.S. beer volume sales were down 0.8 percent through the first 134 days of the year, according to data from market research firm IRI Worldwide. The company, which tracks category-wide sales trends at off-premise retail outlets, said total beer dollar sales were up 0.7 percent year-to-date through May 14, however, in its multi-outlet and convenience (MULC) store universe (which includes grocery, drug, Wal-Mart, club, dollar, mass-merchandiser and military stores).
Here’s a sobering statistic: One in six neighborhood bars have closed since 2004, according to a new Nielsen CGA report.