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.
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 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, 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 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.
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.
Columbia Distributing is saddened to announce today that its Senior Vice President of Revenue Management and Business Support, Scott DeMartine, died suddenly on Thursday, July 5.
For the second year in a row, Great Divide Brewing Company is creating a beer with chart-topping musician GRiZ. This year, Chasing The Golden Hour will be available for purchase at GRiZ’s sold-out shows at Red Rocks on July 13th and July 14th for the first time.
Creature Comforts Brewing Company will release a limited offering, Arcadiana, from its wood cellar this July. The saison aged in wine barrels will be available in 750-mL bottles from the brewery’s tasting room on July 21.