As the Corona commercials it’s paid for suggest, Constellation Brands has found its beach in Piedras Negras — and maybe a much bigger beachhead, as well. After landing the U.S. rights to the Grupo Modelo brands as part of a Justice Department forced carve-out of Anheuser-Busch InBev’s $20.1 billion purchase of the maker of Corona… Read more »
It’s just a small portion of the overall beer industry, but sales of gluten-free craft offerings are increasing. With the entire market for gluten-free foods and beverages approaching $5 billion in annual sales, some craft brewers are beginning to recognize the new growth opportunities. Among those benefiting from the recent surge in sales is Boulder,… Read more »
New Belgium Brewing is making good on its promise to be distributed in all 50 states by 2018. Bryan Simpson, a spokesman for the Fort Collins, Colo.-based craft brewery confirmed the company’s plans to expand distribution into Ohio this December. New Belgium will officially announce its wholesale partners in October.
Ninkasi Brewing today announced expanded distribution throughout Southern California. The Eugene, Ore.-based craft brewery has signed agreement with six independent wholesalers in Orange County, Los Angeles and San Diego County to distribute its flagship and limited release offerings in 22 oz. bottles and kegs.
Steve Hindy might be best known for his work as the co-founder of Brooklyn Brewery, but it’s his second career. In the mid-1980s he was employed as a foreign correspondent for the Associated Press, stationed in the Middle East during the Iran-Iraq War. A lot happened during Hindy’s time abroad.
With the flurry of activity surrounding the craft beer industry these days, it can be difficult to stay abreast of the latest small brewery developments — at least without checking out your press clips. Here’s what the mainstream news media had to say about craft this week.
During its second quarter earnings call, Craft Brew Alliance (CBA) advised investors that, despite a sluggish start to 2013, the company rebounded and saw depletion growth of 12 percent and non-contract shipment gains of 13.5 percent. The stronger second quarter shipments-to-retailers (STR’s) and overall volume production growth has CBA executives feeling much more positive about… Read more »
Over the years, Duvel Moortgat has grown through international acquisition. In the last 10 years alone, the company has bought Brewery Ommegang, Brasserie d’Achouffe, Brouwerij Liefmans and Brouwerij De Koninck. Now, however, the Belgium-based brewing company is looking to strengthen its position in the U.S. craft beer market by purchasing other American breweries.
In the craft beer community, there are few pilgrimages more revered than the trip to upstate New York for Duvel Moortgat USA and Brewery Ommegang’s annual Belgium Comes to Cooperstown (BCTC) beer festival. The brewery barely breaks even on the event, but the word of mouth and positive vibes can be astonishing.
Is private equity investment in the craft beer business something that brewers should fear? Will the involvement of more sophisticated forms of investment capital necessarily lead to the downfall of the craft beer movement? Seasoned investor Craig Farlie weighs in.
It’s almost impossible to believe, but in its 33-year history, Sierra Nevada Brewing has never produced what has become standard issue for many older craft brewers, the seasonal-variety 12-pack. “Other than our specialty ‘Beer Camp’ pack, it is the last significant segment that we haven’t approached,” said Joe Whitney, Sierra’s director of Sales and Marketing.
Any craft brewer can tell you, it’s difficult to keep wholesalers and retailers happy when you’re having trouble keeping beer on the shelves. Most brewers will claim that it’s a good problem to have and, for the majority of brick and mortar operations, the solution is simple: buy more fermentation tanks. But when you’re a… Read more »
Fresh off last week’s debut in Kansas, Stone Brewing today announced plans to enter its 40th state, Alabama, on August 27. The San Diego-based craft brewery has selected International Wines Inc. as its statewide wholesaler.
Oskar Blues Brewery is on pace for its ninth straight year of double-digit growth. The Colorado-headquartered craft brewery today announced that company-wide depletions increased 38 percent through the first six months of 2013. The impressive first half numbers were led by 40-percent growth of its flagship offering, Dale’s Pale Ale, which currently makes up 58… Read more »
