News

Chula Vista, California-based Novo Brazil Brewing was named the winner of Startup Brewery Challenge 9, a business pitch competition sponsored by Craft Brew Alliance. Held during Wednesday’s Brewbound Session conference in Santa Monica, California, the competition featured five brewery entrepreneurs, who were given four minutes to showcase their beers and business plans in front of a panel of industry judges.

Brewbound today announced the winners of its 2017 Brewbound Awards, which recognize the business efforts of beer companies across the U.S. First launched in 2014, the Brewbound Awards acknowledge breweries for their execution of various sales, marketing, and philanthropic initiatives. The awards also recognize large and small beer companies, as well as notable industry figures, for their impact on the category.

Ninkasi Brewing Company leaders Nikos Ridge and Cheryl Collins shared their company’s evolving approach to innovation during Tuesday’s Brewbound Session in Santa Monica.

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.

Colorado’s Avery Brewing today announced the sale of a 30 percent stake to Mahou San Miguel, a Spanish brewing company founded in Madrid in 1890. Specific terms of the deal, which is expected to close in January 2018, were not disclosed.