Athletic Brewing Valuation Just Under $500 Million, Per Forbes Profile
Fast-growing non-alcoholic beer maker Athletic Brewing’s valuation is at just under $500 million, according to a Forbes profile released today.
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Craft beer industry news.
The Mint 400 Announces New Beer Partnership With Belching Beaver Brewery
The Mint 400 is proud to announce its new partnership with Southern California independent brewing powerhouse, Belching Beaver Brewery.
Japas Cervejaria Partners with Culture Beverage to Distribute into Colorado
Colorado craft beer drinkers now have the opportunity to try beer from Japas Cervejaria, a woman-run Japanese-Brazilian brewery that’s based in Brazil. Starting this month, Japas beer will be available in the Front Range from Colorado Springs to Fort Collins; additionally the beer will soon be available near the I-70 corridor and the Roaring Fork Valley.
PRESS Premium Alcohol Seltzer Introduces New Synergy Pack: Watermelon Sea Salt, Peach Rosemary, Dragonfruit Lotus, and Guava Rhubarb
Despite recent declines in the seltzer category, PRESS Premium Alcohol Seltzer builds on outperforming sales and steady retail growth with the release of four new fruit-floral-spice flavors in its 2023 Synergy Variety 12-pack.
Stable Craft Brewing Announces February 2023 Calendar Of Events
Launch Party for New Flagship Stable Craft Amber Lager Beer, Valentine’s Day Champagne Dinner, Sumptuous Food, Live Music, Heated Igloos, Fun Events and Relaxing Atmosphere!
Boston Beer to Refresh Truly Hard Seltzer Strategy with New Packaging, Ad Campaign
Boston Beer is hitting the reset button with Truly Hard Seltzer in an effort to reverse the brand’s negative trends. Ahead of today’s Q4 and full-year earnings report, Boston Beer announced it would release new packaging, a new advertising campaign and communicate “clearer messaging” for Truly this spring as the company looks to grow Truly’s share and hold the No. 2 position in the segment behind White Claw.
Riverbend Malt House Publishes Record Numbers and Esteemed Recognitions in 2022 Year In Review
ASHEVILLE, NC — 2022 was a monumental year for Riverbend Malt House that included a 50 percent capacity increase, and deeper agricultural and environmental commitments than ever before. The malthouse was honored with a prestigious Malt Cup award for malt quality, and named one of Inc. 5000’s fastest growing private companies— among many other milestones…. Read more »
ButcherJoseph Advised Brewing Science Institute on a Sale to Its Employees
ButcherJoseph & Co. (“ButcherJoseph”) served as exclusive financial advisor to Brewing Science Institute (“BSI” or the “Company”) on its sale to an Employee Stock Ownership Plan (ESOP). Established in 1996, BSI is located 8,500 feet in elevation in the scenic foothills of Pikes Peak and helps professional brewers achieve optimal brewing results. The transaction closed in January 2023.
Bale Breaker’s Frenz Collaboration Series: Bigger and Better Than Ever in 2023
Bale Breaker Brewing Company, a family-owned brewery located in the beautiful Yakima Valley, is excited to announce the lineup for 2023’s Frenz Collaboration Series. First up, releasing on February 10th, is a collaboration with long-time friends and mentors, Georgetown Brewing.
National Black Owned Brewery and Cidery Partner with U.S Black Chambers for Black History Month.
Full Circle Brewing and Sonoma Cider are excited to partner with ByBlack, powered by U.S. Black Chambers, Inc. (USBC) to release a beer and cider under its Sonoma Cider brand in celebration of Black History Month.
Press Clips: CPI for Beer At-Home +9% in January; Sheehan to Sell Craft New Hampshire to A-B Wholesalers
CPI for Beer At-Home +9% in January vs. 2022 The Consumer Price Index (CPI) for beer at-home continues to outpace inflation, increasing +9% last month versus January 2022, according to the U.S. Bureau of Labor Statistics (BLS). Beer price hikes have yet to slow down, increasing +8.6% year-over-year (YoY) in December, +7.7% in November and… Read more »
American Craft Spirits Association: Craft Spirits Have Young, Regional Demographic
Data released last week by the Distilled Spirits Council of the United States (DISCUS) showed that for the first time spirits revenues outpaced beer, but how did craft spirits measure up? At last weekend’s American Craft Spirits Association Conference in Portland, data experts shared insight into the segment’s growth and opportunities.
Island Brands USA Races Into 2023 as a Primary Sponsor of NASCAR Driver Kaz Grala and Sam Hunt Racing
In a partnership primed for racing greatness, Island Brands USA has proudly signed on as primary sponsor of star driver Kaz Grala and the Sam Hunt Racing team’s No. 26 Toyota GR Supra throughout the 2023 NASCAR Xfinity Series season.
Gorilla Brewing Co. Unleashes Dual Collaboration Beers: Godfather & Cherry Berry
Gorilla Brewing Company, Galmegi Brewing, Daedo Brewery, and Beerroom are excited to announce the release of two collaboration beers, the Godfather and Cherry Berry.