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Craft beer industry news.

Castanea Partners Purchases Majority Stake in The Bruery

Castanea Partners Purchases Majority Stake in The Bruery

Popular southern California craft brewery The Bruery, which specializes in creating experimental sour and barrel-aged beer offerings, has sold a majority stake to Boston-area private equity firm Castanea Partners, Brewbound has learned. Specific financial terms were not disclosed; the deal is expected to close this month.

Portland Brewing Releases 2017 Single Malt Single Hop Pale Ale

Portland Brewing is celebrating summer with simplicity, bringing back crowd favorite, single malt single hop (S.M.A.S.H.) Pale Ale, with a twist —brand new El Dorodo hops. This gold standard release is refreshing and full of flavor and reminds us all that sometimes a pared down recipe reigns king. Every year when summer rolls around, beer drinkers throughout the Northwest reach for S.M.A.S.H.

Loowit Brewing Announces Expansion Plans

Loowit Brewing Company announces upcoming expansion for 2017. The company has secured funding to increase production and also build out a kitchen to begin offering food service.

Longtime New Belgium Brewmaster to Depart

Longtime New Belgium Brewmaster to Depart

After 21 years at the controls of New Belgium’s brewing program, legendary brewmaster Peter Bouckaert will depart the country’s fourth-largest craft brewery for a much smaller project. New Belgium, which is headquartered in Fort Collins, Colo. and has a brewing facility in Asheville, North Carolina, today announced that Bouckaert would leave the company for Purpose Brewing and Cellars, which was described in a press release as “an aspiring farm brewery” that would produce both coffee and beer.

Big Ditch Brewing Company Expands New York Footprint to Rochester

Big Ditch Brewing Company, winner of the Best Craft Brewery in New York State at the TAP New York Festival in Hudson Valley in 2016, today announced that its beer will be distributed in the Rochester area market, beginning on May 18th.

ZX Ventures Part of $4M Series A Funding Round for Owl’s Brew

ZX Ventures Part of $4M Series A Funding Round for Owl’s Brew

Owl’s Brew, makers of tea-based cocktail mixers and a tea-and-beer Radler line, announced Thursday it has closed a $4 million series A funding round. The round included large investments from Anheuser-Busch InBev’s “disruptive growth organization,” ZX Ventures, and investment firm Cambridge Companies SPG. As part of ZX’s investment, a representative of the group will join Owl’s Brew’s board of directors.

Massachusetts Beer Distributors Push Franchise Reform Bill at State House

Massachusetts Beer Distributors Push Franchise Reform Bill at State House

More than 80 members of the Beer Distributors of Massachusetts lobbied state lawmakers on Beacon Hill yesterday, rallying behind House Bill 2823, which would allow beer companies making less than 30,000 barrels annually to terminate relationships with wholesalers for no cause.

Blue Mountain Brewery Refreshes Brand Image, Packaging

To celebrate its 10-year anniversary and a long-awaited distribution alliance, Blue Mountain Brewery has refreshed their brand image to let the true spirit of the pioneering brewery shine through.

42 North Brewing Releasing Creekside Session Ale

The trails, streams, and rivers of the Buffalo region are the perfect place to hike, bike, and paddle. They are also the ideal spot to kick-back with 42 North’s Creekside Session Ale.