Justin Kendall

Justin Kendall

Assistant Editor, Brewbound

Justin Kendall is the assistant editor of Brewbound.com.

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Posts by Justin Kendall

Another International Acquisition: London’s Fourpure Brewing Sells to Kirin-Owned Lion

Another International Acquisition: London’s Fourpure Brewing Sells to Kirin-Owned Lion

As sales of U.S. craft beer have begun to slow, so too has the appetite for domestic dealmaking. More recently, however, there’s been an uptick in the number of international craft acquisitions — including a pair of well-regarded London-based breweries. London’s Fourpure Brewing Co. announced today a 100 percent sale to Australia-headquartered and Kirin-owned Lion Pty Limited.

Brewers Association Sells Top GABF Sponsorships to Buffalo Wild Wings, Jameson

Brewers Association Sells Top GABF Sponsorships to Buffalo Wild Wings, Jameson

The Brewers Association (BA) announced a sponsorship deal earlier this week to feature a Buffalo Wild Wings branded pop-up sports bar on the floor of the Great American Beer Festival (GABF), its marquee tasting and judging event held annually in Denver. The partnership with the chicken wing chain, which was acquired last November by Arby’s for $2.9 billion, is the second major sponsorship deal for the late September festival. In early June, the BA announced that Pernod Ricard-owned Jameson would build a barrel-aged beer garden on the festival floor.

North Carolina’s Ironclad Brewery Launches VC Arm

North Carolina’s Ironclad Brewery Launches VC Arm

Wilmington, North Carolina-based Ironclad Brewery has established a venture capital business unit in order to invest its profits into other startups. Speaking to Brewbound, CEO Ted Coughlin said Ironclad will make investments in the beer space as well as other sectors with significant growth potential. He added that Ironclad will invest its profits — which he estimates will average about $200,000 annually — in about eight startup companies a year.

In Texas, Hop & Sting Acquires the Grapevine Craft Brewery Brand and Assets

In Texas, Hop & Sting Acquires the Grapevine Craft Brewery Brand and Assets

Upstart Texas beer maker Hop & Sting Brewing Company has purchased the assets and brands of Grapevine Craft Brewery from owner Glen Harrod. Financial terms of the deal — which did not include the building and land — were not disclosed, but Hop & Sting co-owner Brian Burton told Brewbound that “it was something just barely within our budget.”

Grimm Artisanal Ales to Open Brooklyn Brewery Saturday

Grimm Artisanal Ales to Open Brooklyn Brewery Saturday

After more than two years of construction, noted gypsy brewer Grimm Artisanal Ales will open its first brick-and-mortar brewery in the Williamsburg neighborhood of Brooklyn on Saturday, June 30.

Deschutes Completes Land Purchase in Virginia

Deschutes Completes Land Purchase in Virginia

More than two months after reworking plans for a second brewing facility in Virginia, Oregon’s Deschutes Brewery today announced it has finally closed on a long-anticipated $3.2 million deal to acquire 49 acres of land in Roanoke.

Constellation Brands’ Beer Depletions Grow 8.9 Percent in Q1; CEO Discusses Cannabis-Infused Drinks

Constellation Brands’ Beer Depletions Grow 8.9 Percent in Q1; CEO Discusses Cannabis-Infused Drinks

Constellation Brands reported its first-quarter fiscal 2019 earnings today, which were highlighted by 8.9 percent growth in beer depletions (sales-to-retailers) and an 8.6 percent increase in shipments compared to the three-month period in 2017. Although beer was a major focus of today’s call, Sands spent a great deal of time discussing and answering questions about Constellation Brands’ $191 million investment into Canadian cannabis company, Canopy Growth Corporation.

Beer and Cars Don’t Always Mix; Lyft is Trying to Change That

Beer and Cars Don’t Always Mix; Lyft is Trying to Change That

Ride-sharing service Lyft announced today a partnership with the Georgia Craft Brewers Guild. It’s just the latest in an ongoing effort by the San Francisco-headquartered, on-demand transportation company to focus on getting patrons to and from brewery taprooms by forming partnerships with state guilds across the country.

Texas To-Go Sales Gets Bipartisan Support

Texas To-Go Sales Gets Bipartisan Support

After years of fighting for the right to sell to-go beer, manufacturing breweries in Texas now have allies on both sides of aisle. Texas Democrats and Republicans both included language in their respective party platforms supporting the legalization of off-premise sales privileges for the state’s production breweries as well as changes to the three-tier system of alcohol distribution.

Bay Area Craft Beer Entrepreneur Shutters Brewery, Suspends International Expansion Plans

Bay Area Craft Beer Entrepreneur Shutters Brewery, Suspends International Expansion Plans

A California-based craft beer company that had aspirations of expanding into China with a new line of products has gone belly-up after a series of events forced the company to back away from both ventures. Schubros Brewery, based in the eastern region of the Bay Area, has permanently closed, according to company founder Ian Schuster.