Craft beer industry news.
Online sales of beverage alcohol reached $6.1 billion in 2021 and have more than doubled their share of all off-premise dollar sales since 2019, according to a new report from Rabobank beverages analyst Bourcard Nesin. E-commerce sales of beer, wine and spirits accounted for 4% of total category off-premise sales in 2021, up from nearly 1.9% in 2019.
Cincinnati-based Rhinegeist Brewery nearly recovered to pre-COVID-19 levels in 2021, increasing sales +6% year-over-year, VP of Sales Matt Steinke told Brewbound.
Energy drink maker Monster’s interest in the beverage alcohol space hasn’t faded — at least if the company’s job listings are a clue to its ambitions. Financial services firm Jefferies web sleuthed several job posts over the last year that point to Monster “prudently building expertise in the alc space.”
The fifth generation of the Wanty family is taking the reins at O&W Inc., a Ypsilanti, Michigan-based independent beer wholesaler.
Portland Cider Co., one of Oregon’s longest operating independent cider producers, has announced the upcoming release of Blueberry Bourbon Basil in collaboration with Blue Star Donuts, an iconic Portland-based donut shop.
Anderson Valley Brewing Company (AVBC) announced its Florida distribution partnership with Sunshine Distributing.
It was a hot August weekend in 2012…
AleSmith Brewing Company is thrilled to announce the first of three limited-release, seasonal beers, Funwave Hazy IPA.
The San Diego craft brewery scene is once again getting shaken up by the Kings & Convicts. After acquiring the Ballast Point brand from Constellation Brands in 2019, the company is acquiring the brewing facilities and taprooms of Saint Archer from Molson Coors.
West Sixth Brewing, one of Kentucky’s largest craft breweries, announced the newest member of its diverse retail family: West Sixth Cantina, a Mexican-inspired food truck.
LUKI Brewery produced 27 new beers in 2021. This year the brewery hopes to release more than 40 beers with the addition of their new 1-barrel pilot system.
Ekos, the leading business management software for craft beverage businesses, has closed a $21 million Series B funding round led by growth equity firm Catalyst Investors with participation from existing investors Noro-Moseley Partners.
SweetWater Brewing parent company Tilray paid $5.1 million in cash and stock to acquire Green Flash Brewing and Alpine Beer Company last month, financial forms filed with the U.S. Securities and Exchange Commission showed. A purchase price of $5,133,000 for the San Diego-headquartered craft brands values their combined 2020 output of 34,000 barrels at $150.97… Read more »
Blake’s Hard Cider(BHC), the Midwest’s largest craft cidery, announces the release of its first-ever Bar Cart Series, a line of hard ciders inspired by favorite cocktails.
