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Craft Brew Alliance

Portland · Oregon · Proprietor

Brewery news

Craft Brew Alliance Exploring All Options in the Wake of No Offer from A-B

Rearrange the blocks, or sell them? That’s the question that Craft Brew Alliance CEO Andy Thomas seemed to be working through in a rare off-cycle conference call with investors and analysts today after his company’s largest playmate, Anheuser-Busch InBev, declined its long-held option to purchase the Portland, Oregon-headquartered craft beer maker.

CBA Seeks Answers on Future of Anheuser-Busch Partnership

The awkwardness between Craft Brew Alliance and Anheuser-Busch InBev didn’t end last Friday when the world’s largest beer manufacturer passed on making a qualifying offer to purchase the company. CBA CEO Andy Thomas told Brewbound that the awkwardness has shifted from a will-they, won’t-they-get-married scenario, to one in which the question is if the two companies still want to live together now that they’re no longer engaged.

Anheuser-Busch InBev Doesn’t Make Qualifying Offer for Craft Brew Alliance

The deadline for Anheuser-Busch InBev to make a qualifying offer to acquire the remaining stake of Craft Brew Alliance (CBA) came and went today without an offer. The world’s largest beer manufacturer, which already owns 31.3 percent of the smaller Portland, Oregon-headquartered craft beer maker, had until today, August 23, to either make an offer for the remaining stake in the company at a minimum of $24.50 per share (about $328 million) or pay a $20 million fee.

CBA Execs Comment on Potential Sale to A-B, New Hard Seltzer Releases

Just 14 days remain before Anheuser-Busch InBev’s deadline to make a qualifying offer to buy the remaining stake of Craft Brew Alliance, or pay a $20 million fee. The prospect of a qualifying offer of around $328 million (at a minimum price of $24.50 per share) from A-B, which already owns about 31 percent of CBA, was one of the main focuses of Thursday’s second-quarter earnings call.

Kona Carries CBA to 1 percent Depletion Growth in Q2

Kona Brewing once again lifted Craft Brew Alliance’s (CBA) financial results. CBA shared its second-quarter financial results today, highlighted by portfolio-wide depletions (sales-to-retailers) growth of more than 1 percent, and shipment (sales-to-wholesalers) growth of 4.4 percent.

Craft Brew Alliance Releases Sixth Annual Sustainability Report

Craft Brew Alliance, Inc., a leading craft brewing company, has published its sixth Annual Sustainability Report, highlighting the company’s 2018 accomplishments in environmental and community stewardship and ongoing commitment to brewing and packaging its beers in the most sustainable way possible.