Suntory Denies Acquisition Talks with Boston Beer Following Wall Street Journal Report
Suntory Holdings has denied a Wall Street Journal report that Boston Beer was in talks to sell to the global spirits giant.
Suntory Holdings has denied a Wall Street Journal report that Boston Beer was in talks to sell to the global spirits giant.
Creature Comforts co-founder Chris Herron is stepping down as CEO of the Athens, Georgia-based craft brewery. Co-founder Adam Beauchamp will take over the role.
Anchor Brewing’s future was revealed today with the announcement that Hamdi Ulukaya, the billionaire founder and CEO of yogurt and dairy brand Chobani, has acquired the craft brewery and its 2.17 acre property in San Francisco’s Potrero Hill neighborhood, according to The San Francisco Standard.
Production at craft breweries outside of the Brewers Association’s (BA) craft brewer definition collectively declined -6% on a comparable basis, to nearly 7.6 million barrels in 2023, according to data shared in the May/June edition of the New Brewer Magazine.
Monster Brewing Company is shuttering Deep Ellum Brewing’s taproom and shifting production from its Dallas facility to the company’s other breweries.
Changes are coming to this year’s Great American Beer Festival (GABF) in Denver, including one fewer session, a new floor plan and the ability to pour canned cocktails and pretty much any other product.
Molson Coors is shifting production of full-strength Peroni Nastro Azzurro to its brewery in Albany, Georgia, beginning in August.
Pabst Brewing has taken its El Jimador Spiked Bebidas tequila-inspired flavored malt beverage (FMB) national, in just one of its several beyond beer innovation expansion plans for 2024.
Light lager brand Montucky Cold Snacks is “a big anchor” within Gallo’s total beverage alcohol strategy moving forward, as the wine and spirits giant enters the beer category, Gallo EVP and general manager Britt West told Brewbound.
Gallo is getting into the beer business via a strategic investment in Montucky Cold Snacks. The wine and spirits conglomerate that found success in recent years with spirit-based seltzer brand High Noon Sun Sips announced a partnership with the founders of the light lager brand.
Boston Beer Company emerged with a “buy” rating following the results of financial services firm Jefferies’ 11th bi-annual beer distributor survey. Jefferies equity analyst Kaumil Gajrawala cited Twisted Tea’s dominance of the flavored malt beverage (FMB) segment, and the “stabilization” of Truly Hard Seltzer trends leading to less volatility, among the reasons for the improved rating.
Harley-Davidson is rolling into the non-alcoholic (NA) beer segment via a licensing deal with Wisconsin Brewing Company. Road King American Pils is rolling out now throughout the Badger State in 16 oz. can 4-packs.
Operating in a tourist-heavy city such as New Orleans can be a gold mine for hospitality businesses, but comes with its own challenges and hurdles, as COVID-19 taught business owners.. Urban South founder and CEO Jacob Landry shares what it’s like to run a brewery in the city in the latest edition of Brewbound’s Insider-exclusive Q&A series A Round With.
BrewDog co-founder James Watt has stepped down as CEO of the Scottish craft brewery and will assume the new role of “captain” and co-founder, while also serving as a non-executive director on the company’s board of directors, according to multiple news reports.