In this week’s edition of Last Call: International M&A heats up with Heineken, Pernod and Constellation; Rebecca Spicer to depart the NBWA; Michigan Senators vote to outlaw marijuana-infused alcoholic drinks; Sonoma County tallies the economic impact of Pliny the Younger; and more.
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In the latest edition of People Moves: Worthy Brewing hires a new CEO; Heineken shuffles its executives; and David Coors takes over at AC Golden Brewing.
In this week’s Last Call: President Trump imposes tariffs on steel and aluminum; Heineken attempts to acquire a majority stake in United Breweries; Three Floyds’ expansion plans are approved; and more.
Heineken N.V. today opened a new brewery in Meoqui, Chihuahua, Mexico.
Tiger Beer, Asia’s premier beer brand, is uncaging celebrations in 2018 for the Lunar New Year through retail and on-premise programming and festive artwork that celebrates the Year of the Dog. The bold, interpretive artwork tells a story that celebrates the old and the new in order to reignite the appreciation and understanding of festive traditions shared with family and friends.
Since HEINEKEN® acquired a controlling stake of Red Stripe Beer in 2015 and returned production back to the brand’s Jamaican homeland in 2016, the company has embarked on an aggressive 10 year investment plan dedicated to building Red Stripe’s position as a truly global brand.
In this week’s edition of Last Call: Several small craft brewers accuse Ohio-based SysTech of defrauding them; the Brewers Association elects five industry professionals to its board of directors; Anheuser-Busch sends a cease-and-desist letter over “Dilly Dilly” beer; and more.
In this week’s edition of press clips: Arby’s has agreed to purchase Buy Buffalo Wild Wings in a deal valued at $2.9 billion; Heineken has acquired a minority stake in London’s Brixton Brewery and Texas’ Legacy Hall is set to open.
In this week’s edition of Last Call, Bear Republic raises funds for wildfire victims; New York’s MTA bans booze ads; Boulevard announces the release of its first cider; Black Star Line finds a home; and more.
In this edition of Press Clips: Heineken reports earnings; Buffalo Wild Wings explores beer delivery; Indiana lawmakers review Prohibition-era laws; and more.
Molson Coors is making its first significant move into the Mexican import category. The company today announced that it had inked a 10-year agreement, via its MillerCoors U.S. division, to import, market and distribute Heineken’s Mexican-made Sol brand.
Less than two years after purchasing a 50 percent stake in California and Chicago-based craft beer maker Lagunitas, Heineken International today announced it was coming back for the other half of the fast-growing U.S. craft brewery. Specific financial terms of the deal were not disclosed, however the remaining 50 percent stake could be worth about $500 million, based on a previous valuation of the Lagunitas business.
Last Call: ABI Buys Stake in Chinese Craft Brewer; Pabst to Open Milwaukee Innovation Brewery in April
Lagunitas Brewing, one of the fastest-growing craft breweries in the U.S., today announced it would enter into a joint venture with Heineken International, the world’s third largest beer company. Financial terms of the transaction were not disclosed, but sources familiar with craft deals, according to the company’s hometown paper, the Santa Rosa Press Democrat, have said the blockbuster deal could value Lagunitas at $1 billion.
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