News

Craft beer industry news.

Constellation Brands Acquires Texas’ Four Corners Brewing

Constellation Brands Acquires Texas’ Four Corners Brewing

Constellation Brands will expand its reach in the craft beer segment with the acquisition of Texas’ Four Corners Brewing, the New York-based beverage alcohol company announced today. Financial terms of the transaction were not disclosed.

Anheuser-Busch InBev Reorganizes High End Division

Anheuser-Busch InBev Reorganizes High End Division

In an effort to “better align” its internal structure with its “long-term business strategy,” Anheuser-Busch has split its “High End” craft and import division into two separate business units. Announced to employees and distributors yesterday, the restructuring will include the creation of a standalone craft beer division, led by Felipe Szpigel, whose title will change to “president of craft.”

New Belgium to Hire 14 College Brand Ambassadors

New Belgium Brewing is all about beer. And bicycles. And sustainability. And a few other things, but mostly really good beer. Behind each world-class beer are world-class people and the brewery is looking to for college students to expand its team. New Belgium is hiring 14 College Brand Ambassadors for the upcoming 2018-19 school year. Those selected for this program will play a frontline role in increasing New Belgium brand awareness by executing tasting events, promotions and more.

Rivertowne Brewing Expands Distribution to Massachusetts

Rivertowne Brewing, an independent craft brewery located just outside of Pittsburgh in neighboring Murrysville/Export has entered into agreement with Coastal Craft Distributors located in Southeastern MA.

MillerCoors CMO to Depart on July 27

MillerCoors CMO to Depart on July 27

MillerCoors chief marketing officer David Kroll will leave the company on July 27, CEO Gavin Hattersley wrote in a memo to distributors and employees on Monday. Kroll, who joined MillerCoors in mid-2012 as a vice president in charge of U.S. marketing and took over as CMO in July 2015, is leaving to “pursue other independent business interests,” Hattersley said.

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.