Smuttynose parent company Finestkind Brewing has acquired Wachusett Brewing in a deal that will unite two New England legacy craft beer brands.

A year and a half after guiding Stone Brewing through its acquisition by Sapporo, CEO Maria Stipp is moving on. Stipp joined the Escondido, California-based craft brewery in September 2020 following the departure of her predecessor Dominc Engels earlier that summer. She steered Stone, the seventh-largest independent craft brewery in the country by volume at… Read more »

Los Angeles-based Open Brewing has begun rolling its lager out in Southern California thanks in part to a business partnership with New Belgium Brewing. In addition to a minority investment, New Belgium contract brews Open’s beer, consults the brewery’s team and offers other “shared resources,” a New Belgium spokesperson told Brewbound.

Industry executives gathered for Beer Business Daily’s annual Beer Industry Summit in Coronado, California, earlier this week. New Belgium continued to dominate craft scans in 2023, led by its Voodoo Ranger brand family, which claimed six spots in Circana’s list of the top 30 craft brands by dollar sales in tracked off-premise channels. As the company faces the comps – including multiple double-digit gains – New Belgium will not rest on its laurels, new CEO Shaun Belongie said on stage Sunday.

New Jersey Gov. Phil Murphy signed into law a bill that will ease strict restrictions on the way craft breweries in the state can operate their taprooms.

Constellation Brands overtook Molson Coors as the No. 2 beer category vendor by dollar sales in multi-outlet grocery and convenience stores (MULO+C) in 2023, according to market research firm Circana, which shared its year-end report. Constellation grew off-premise dollars by $1.092 billion to $8.446 billion through December 31.

Two Roads Brewing Company has elevated two executives on its sales and marketing teams: Collin Kennedy to VP of marketing and Brian Duprey to VP of national accounts.

Japanese brewing giant Asahi aims to reach 1 million hectoliters – more than 850,000 barrels – in production in the medium-term following its acquisition of Wisconsin contract producer Octopi Brewing. Victoria Segebarth, managing director of EMEA & Americas at Asahi Europe & International, discussed the company’s plans for Octopi’s facility in Waunakee, Wisconsin, the acquisition… Read more »

Wormtown Brewery co-founder Ben Roesch and his wife Adrienne Roesch will open a new brewery in the Bay State early this year, the two announced.

The beverage alcohol division of Canadian cannabis giant Tilray grew revenue +117%, to $46.5 million, in the second quarter of the company’s fiscal year compared to the same quarter last year, the company reported Tuesday. However, the division’s gross margin declined -13% year-over-year (YoY), to 34%, in the quarter, driven by Tilray’s acquisition of eight… Read more »

For the second time, New Jersey craft breweries are a signature away from having a stringent set of restrictions on their taproom operations removed.

Both houses of the state Legislature passed Senate Bill 4265 and Assembly Bill 5912, which would allow craft breweries to host “an unlimited number of on-premises special events and private parties.”

Japanese brewing giant Asahi announced it has struck a deal to acquire Waunakee, Wisconsin-based contract brewer Octopi Brewing.

Martignetti Companies has closed on its acquisition of Quality Beverage, according to a press release. Financial terms of the deal, which was announced in April 2023, were not disclosed.

Nearly seven months after the dissolution of its proposed merger with Cape May Brewing, Flying Fish Brewing filed for Chapter 11 bankruptcy late last month. The brewery listed nearly $9.3 million owed to secured and unsecured creditors and nearly $1.3 million in assets, according to documents filed in the U.S. Bankruptcy Court for the district of New Jersey.