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Brewery news

Anheuser-Busch to Acquire Fast-Growing Cutwater Spirits

Anheuser-Busch InBev today announced the purchase of fast-growing Cutwater Spirits, a craft distilling venture that was originally born inside of Ballast Point Brewing & Spirits. Specific financial terms of the deal – A-B InBev’s first in the spirits space — were not disclosed.

Anheuser-Busch Expands Ritas Core Lineup with Spritz Line

RITAS, the legendary brand behind the original margarita in a can, is expanding its core lineup for the first time with RITAS Spritz. Forget the swirl, stuffy attitude and fancy decanter, RITAS Spritz is making its debut as wine’s alter ego.

ZX Ventures Fully Acquires RateBeer

ZX Ventures, Anheuser-Busch InBev’s venture capital arm, has acquired the remaining portion of beer ratings website RateBeer.com that it did not already own. Financial terms of the deal were not announced, but a spokesperson for ZX Ventures said the transaction had closed.

Benson Hill Partners with Anheuser-Busch InBev to Advance Barley Breeding

Benson Hill Biosystems, a crop improvement company unlocking the natural diversity of plants, and Anheuser-Busch InBev (AB InBev), the world’s leading brewer, announced a global partnership to develop improved barley varieties using Benson Hill’s computational platform Breed, powered by CropOS.

ZX Ventures-Backed Kombrewcha Refreshes Look, Expands Distribution

Amid growing interest in more “functional” alcoholic beverages, one of the country’s pioneering hard kombucha brands is undergoing a makeover in an effort to appeal to younger female consumers looking for boozier versions of the fermented tea beverage. Originally launched in 2013 as a more traditional non-alcoholic kombucha, Kombrewcha — which was co-founded by Honest Tea co-creator Barry Nalebuff and received investment from Anheuser-Busch’s ZX Ventures in 2016 — has upped its alcohol content and unveiled new packaging as an emerging hard kombucha category begins to develop.

IRI: US Beer Sales Top $35 Billion in 2018

Total U.S. beer dollar sales grew to more than $35 billion in 2018, according to retail data provider IRI. The Chicago-based market research firm, which tracks category-wide sales at major off-premise retailers, reported a 1.8 percent increase in beer dollar sales, despite a 0.3 percent decline in volume sales at multi-outlet and convenience (MULC) stores (grocery, drug, club, dollar, mass-merchandiser and military) through December 30.