Reyes Holdings has signed a letter of intent with the Coca-Cola Company to acquire the distribution rights in the “Chicagoland area,” Coke announced in a statement this morning. Reyes Holdings — which distributes products from MillerCoors and a number of craft breweries — will not become a bottling partner and will not be responsible for the manufacturing of any Coca-Cola products.
Detroit’s Atwater Brewing produced less than 30,000 barrels in 2013 but that hasn’t stopped president and CEO, Mark Reith, from embarking on a $15 million expansion project outside of his home state. Atwater is planning to build a 100,000-barrel, secondary production facility in Austin Texas, an emerging market with a “tremendous amount of opportunity,” Reith… Read more »
Oskar Blues Brewery is making good on a promise to aggressively expand its distribution footprint in 2014. The Longmont, Colo.-based craft brewery has signed a wholesale agreement with Wirtz Beverage Group and will enter Nevada on Monday, Feb. 24.
San Francisco’s 21st Amendment, which began producing beer under contract at Minnesota’s Cold Spring Brewing Company in 2008, is coming home. On Tuesday, 21st Amendment — a brewpub originally founded in 2000 by Nico Freccia and Shaun O’Sullivan — announced plans to build its own, $21 million brewing facility this year.
Greg Koch began the first day of his four-month sabbatical like any typical businessman would, by launching yet another business in Hawaii. While we’re pretty sure the new joint venture with Maui Brewing Company will afford time for Koch to work on his tan, Maui — Stone Craft Beverages (as its being called) will initially distribute about 12 craft beer brands on the island of Maui.
Vermont Hard Cider Company today announced that Bret Williams, the company’s president and CEO, will resign on March 1. The news of Williams’ exit comes about 16 months after Vermont Hard Cider — maker of Woodchuck Hard Cider — was acquired by the C&C Group for $305 million.
Craft Brewers Guild of Boston spared no expense and literally rolled out the red carpet at Tuesday night’s Yuengling industry-only launch event for the state of Massachusetts. L. Knife & Son’s craft-focused wholesaler that services all of Massachusetts invited upwards of 4,000 restaurant owners, bar managers, off-premise retailers and media members to a lavish rollout party complete with 1920’s-style flappers, casino games, live music and ice sculptures.
Here’s a beer pairing for you: What do you get when you combine two executives from a famous burger chain, a used car salesman, and a craft brewery owner? How about Brew Detroit LLC, a new and a state-of-the-art 100-barrel contract brewery started with $8 million in private investment.
As part of its strategy to improve gross margins, CBA is planning to grow by about 100,000 barrels annually via a contract brewing arrangement with City Brewing in Memphis, Tenn. The multi-year deal is technically an alternating proprietorship, meaning a CBA brewer will be permanently stationed in Memphis to oversee all aspects of the brewing operations.
For years Stone Brewing has touted its aggressively hopped, high-octane brews, even going so far as to tell consumers that they “probably won’t like it.” The San Diego-based brewery is by no means abandoning its affinity for boozy bombers, but it is joining a growing faction of U.S. brewers pushing craft beer drinkers towards more… Read more »
Truth be told, Anchor Brewing actually introduced one of the very first American IPAs, Liberty Ale, in 1975 and has been selling it ever since. But with consumer recognition for products that more directly display IPA in their names at an all time high, Keith Greggor, Anchor’s CEO, decided that it was time to launch… Read more »
As reported earlier today, Anheuser-Busch InBev, the country’s largest brewer, has agreed to purchase New York-based Blue Point Brewing Company, a move that reflects the beer giant’s growing interest in the craft segment — and its consumers’ thirst for variety. Exact terms of the Blue Point deal, announced this morning, were not disclosed, but sources… Read more »
Anheuser-Busch InBev today announced it will purchase New York’s Blue Point Brewing Company in a deal that sources familiar with the situation say could be valued near $24 million. The acquisition is expected to close in the second quarter and will combine Blue Point –a top-50 U.S. craft brewery that produced 60,000 barrels in 2013… Read more »
The country’s third largest craft brewery, New Belgium Brewing, is once again expanding its distribution footprint. On its quest to be distributed in all 50 states before 2018, New Belgium today announced it has signed wholesale agreements with six distributors in the Magnolia State:
