Victory Brewing Company (Victory) has teamed up with Earth-Bread + Brewery to create Earth & Flame, a limited edition bourbon barrel aged Scotch ale. With a shared love for dark robust ales, the team drew inspiration from the coming holiday season in conceiving this unique brew.
It was Halloween, and Bear Republic CEO Richard Norgrove was flying to Boston to deliver grim news to Atlantic Imports, the company’s distributor in the Massachusetts market: he was going to stop shipping beer to the Bay State, its fifth largest market, beginning Jan. 1, 2015. It was no trick, though: the California drought is taking its toll on the top-50 craft brewer, forcing it to pull distribution.
Green Flash Brewing announced Monday it would acquire Alpine Beer Company, a small San Diego-area craft brewery known for its highly coveted hop-forward offerings. Although specific terms of the deal were not disclosed, Green Flash co-founder Mike Hinkley told Brewbound that the Alpine’s founders, Pat and Val McIlhenney, received cash and equity in Green Flash Brewing as part of the transaction.
In a follow-up earnings call on Thursday, Craft Brew Alliance (CBA) executives expounded on third quarter results and discussed the increasingly competitive craft beer landscape.Total CBA depletion volumes grew 6 percent compared to the third quarter in 2013. Year-to-date depletion totals are now up 8 percent.
10 Barrel co-founder Jeremy Cox said the decision to sell was driven largely by his company’s rapid growth and the need for a more mature infrastructure. “We had some challenges growing the business,” he said “About three months ago, we realized we needed to find a strategic partner to help us with that.”
10 Barrel Brewing, a craft beer company based in Bend, Ore., today announced it has agreed to be acquired by Anheuser-Busch InBev, the world’s largest beer manufacturer. Official terms of the deal were not disclosed. It’s Anheuser-Busch’s second craft acquisition this year — it purchased New York’s Blue Point Brewing in February — and reflects the beer giant’s growing interest in the craft segment.
Reyes Beverage Group today announced it would acquire South Florida’s Gold Coast Beverage Distributors in a blockbuster deal that brings another 27 million cases to a Reyes Group that, through its 12 wholesale outfits across the country, already sells more than 100 million cases annually. Once complete, the deal would make Reyes comparable in size to the largest distributor in the U.S., Anheuser-Busch InBev, with around 140 million cases.
Harpoon Brewery today announced it will promote Charlie Story, the Boston-based company’s current vice president of marketing, to the position of president. Storey, who joined the company in 1996, will oversee marketing, retail and festival initiatives and also manage the brewery’s distribution arm.
Every champion golfer comes to The Brew Hub imbued with a towering source of inspiration. It starts as a solitary journey, but it is one that no golfer, if he dreams of becoming a craft brewer, makes alone. For Keegan Bradley, a boy from Woodstock, VT., it was a lager, brewed with the comforting guidance of the legendary Dr. Paul Farnsworth.
Here’s the good news: Brewbound pored over the latest IRI spreadsheet so you didn’t have to. Here’s the bad news (if you can even call it that): Craft growth actually slowed during the latest four-week period, ending October 5, 2014.
How do you earn wholesaler attention if you’re a small craft beer brand trying to compete in today’s crowded marketplace? “Elbow grease and shoe leather,” says John Bryant, a partner at No-Li Brewhouse, based in Spokane, Washington. Make that axel grease. Bryant will put about 50,000 miles on his truck this year, driving all over the Pacific Northwest to hand-sell his company’s portfolio.
When Yuengling announced it would be launching into Massachusetts and Rhode Island earlier this year, Narragansett Beer president Mark Hellendrung expected sales to take a hit. The question was whether it would sink the brand. Hellendrung feared that sales of his company’s flagship lager — which makes up about 75 percent of ‘Gansett’s total production — would decline.
The pay-to-play debate has erupted again, this time on twitter. Dan Paquette, the co-founder of Boston’s Pretty Things Beer & Ale Project took to the social media platform at 12:53 A.M. to complain about what he — and many other brewers — call the dirty habit of pay-to-play — under-the-table transactions, where brewers or wholesalers offer cash and incentives to retailers and bar owners in exchange for guaranteed placement.
Last week, Brewbound traveled to the Great American Beer Festival in Denver, Colo. to ask brewers how difficult it has become to launch a new beer in today’s crowded landscape. Those responses are featured in our final video segment from the 2014 GABF, included above.
