Anheuser-Busch InBev today reported its second-quarter and half-year earnings results, outlining global revenue growth of 5 percent in Q2 despite continued challenges in the U.S., the company’s largest individual market.
Brewed with a variety of quality grains resulting in a beautiful amber hue and finished with a healthy dosing of Summit, Simcoe and Amarillo hops; Primordial Imperial IPA presents with a smooth, yet commanding meld of citrus, resin, and pine. With over 100 IBUs to boot, hop-heads rejoice… this is a beer for the ages.
Independence Brewing Co., one of Texas’ original craft breweries, today announced the company will begin distributing its lineup of award-winning beers throughout the state of Arkansas.
Brooklyn Brewery, along with California’s 21st Amendment (21A) and Colorado’s Funkwerks today announced the establishment of a combined sales team, which will be led by Brooklyn vice president of business development Dave Duffy.
Michigan-based Short’s Brewing said today it would sell a 20 percent equity stake to Lagunitas U.S. Holdings (LUSH), a wholly owned subsidiary of Heineken International. A sale price was not disclosed, but brewery partner Scott Newman-Bale, who spoke to Brewbound following the announcement, said the multiple exceeded 15X EBITDA (earnings before interest, taxes, debt and amortization).
Today Sierra Nevada Brewing Co. gave drinkers a window into a centuries-old German tradition with the introduction of its seasonal Oktoberfest festival beer.
Following an expansion that has tripled capacity, Scofflaw Brewing Company has returned to canning its beers while meeting ever-increasing demand from taprooms, bars and restaurants in Georgia for keg beer.
The MBM Group is proud to announce that Anna Nadasdy has joined the organization as the first operating partner. This strategic addition to the group comes at a time of unprecedented growth in the craft beer, spirits and wine industries. Nadasdy will work with new and existing clients to expand the already-robust service offerings and develop customized consultative solutions.
Could craft beer play a role in the next congressional election? As part of its effort to win back control of Congress, the Democratic Party plans to “crack down on corporate monopolies” as part of a new populist economic agenda, unveiled Monday. The platform – called “A Better Deal” – is partly aimed at preventing mega-mergers that would “harm consumer, workers and competition.”