Smuttynose Parent Company Acquires Five Boroughs Brewing
Finestkind Brewing, the parent company of New Hampshire’s Smuttynose Brewing Co., has acquired Brooklyn, New York-based Five Boroughs Brewing Co.
Finestkind Brewing, the parent company of New Hampshire’s Smuttynose Brewing Co., has acquired Brooklyn, New York-based Five Boroughs Brewing Co.
As Two Roads prepares to launch Guy Fieri-backed flavored malt beverage Flavortown Spiked, the Stratford, Connecticut-based craft brewery is taking a more conservative approach to the rest of its portfolio, focusing on what works, forgetting the rest.
A frequent haunt of late for Guy Fieri’s red convertible isn’t a diner, a drive-in, or a dive, but rather Stratford, Connecticut-based Two Roads Brewing.
As a response to the instability in segments of the beer industry, Boston Beer Company has adjusted both its financial guidance and its approach to innovation, executives shared yesterday during the company’s third-quarter earnings conference call.
Sapporo-Stone Brewing has tapped industry veteran Joel Pipman as VP of brewing operations for the company’s bicoastal facilities.
The Federal Trade Commission (FTC) and national bev-alc retailer Total Wine & More are at odds over the chain’s participation in the government agency’s investigation of multi-state wine and spirits wholesaler Southern Glazer’s Wine & Spirits.
Nearly three months after announcing her departure from the Beer Institute (BI), former VP of research Danelle Kosmal will join 3 Tier Beverages as a consultant. Kosmal and her family are moving to Japan in December for a two- to three-year stay while her husband works with the Office of Naval Research Global in Tokyo…. Read more »
A vote to formalize the Brewing Union of Georgia (BUG) among employees at Athens, Georgia-based Creature Comforts Beer Co. has failed. The results of the election, which took place on October 3, were 21 votes in favor and 32 against, Creature Comforts told Brewbound, noting that the company was “pleased, but not surprised” by the results.
Boston Beer Company has filed a complaint against Downeast Cider and a former employee who now serves as the Boston-based cider maker’s SVP of marketing.
Nationwide on-premise sales have flattened after a slight downward tick, market research firm NIQ’s on-premise data arm CGA reported. Sales velocity declined -1% in the week ending September 30 and remained flat in the week ending October 7, CGA reported.
Massachusetts-based Quality Beverage has filed a lawsuit against Constellation Brands, alleging the bev-alc giant has interfered with its pending sale to wine and spirits wholesaler Martignetti Companies.
The Consumer Price Index (CPI) for beer at home in September increased +4.7% year-over-year (YoY) and +0.4% compared to August, according to the U.S. Bureau of Labor Statistics.
Monster Energy is “all-in on alcohol” and “thinks it could be big for them by 2025,” according to Goldman Sachs equity analyst Bonnie Herzog’s report from the National Association of Convenience Stores (NACS) trade show. The energy drink maker, which entered beverage-alcohol with the acquisition of CANarchy in January 2022, displayed its forthcoming hard tea, Nasty Beast Hardcore Tea during the show, Herzog wrote.
Domestic tax paid shipments from U.S. breweries continued their six-month streak of declines, with a -5.1% dip in August 2023 compared to August 2022, the Beer Institute (BI) reported, citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).