Brewers Association CEO Bob Pease to Retire, Search Firm Retained to Lead Process
Brewers Association (BA) president and CEO Bob Pease will retire next year after more than three decades with the trade association, the organization announced today.
Brewers Association (BA) president and CEO Bob Pease will retire next year after more than three decades with the trade association, the organization announced today.
Fast-rising non-alcoholic beer maker Athletic Brewing Company has closed a $50 million “equity financing round” led by private equity firm General Atlantic, with several key investors from previous fundraising rounds also participating.
In-store displays “are more effective at selling beer” compared to “shrinking” shelf space, Kaumil Gajrawala, analyst for financial services firm Jefferies, wrote in a late June analysis.
D.G Yuengling and Son (DGY) has agreed to swap territories with its joint venture with Molson Coors (TYC). In a letter to distributor partners last week, chief administrative officer Wendy Yuengling wrote that the brewery would trade its Louisiana, Arkansas and Mississippi territories to the JV for the yet-to-be-opened market in Michigan.
Deal maker Townsend Ziebold has joined Arlington Capital Advisors as of July 1. Ziebold announced the move to business contacts, and Arlington leaders confirmed.
New Belgium will take over production of Kirin Ichiban and Kirin Light in the U.S. when the Japanese lager brand’s contract brewing agreement with Anheuser-Busch InBev (A-B) expires later this year, New Belgium announced today. New Belgium is a subsidiary of Kirin-owned, Australian-based Lion.
Glass bottle manufacturer Ardagh will close its Houston plant in July and lay off 220 workers, the Houston Chronicle reported.
Allagash Brewing is launching its first non-alcoholic (NA) offering this week with the release of Allagash Hop Water. Hop Water will exclusively be sold in 12 oz. can 6-packs at the brewery’s tasting room in Portland, Maine, starting later this week.
Earlier this month, former 21st Amendment (21A) president and Crux Fermentation Project co-founder David Wilson died at age 54 after a brief battle with cancer.
The mystery surrounding who would take over the now former Ballast Point production facility in San Diego is officially over. When Ballast Point owners Kings and Convicts announced in April that they had ceased production at the Miramar facility, whispers pointed to dedicated non-alcoholic (NA) beer maker Athletic Brewing Company taking over the space. The speculation proved true.
Hulk Hogan is getting into the beer business, lending his name and image to Real American Beer, a new light lager brand that launched Thursday at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida.
Crowns & Hops Brewing Company has been selected as the winner of the 13th annual Samuel Adams Brewing the American Dream Brewing & Business Experienceship.
Pro football stars Jason and Travis Kelce have acquired an ownership stake in light lager maker Garage Beer. The Kelces are referred to as “the largest investors” and “significant investors, partners, owners, and operators” in the business, in today’s announcement.
A California superior court judge has sided with Anderson Valley Brewing Company’s (AVBC) parent company Mainsheet Capital in a dispute with Reyes Holdings subsidiary Harbor Distributing/Golden Brands.