The deadline for Anheuser-Busch InBev to make a qualifying offer to acquire the remaining stake of Craft Brew Alliance (CBA) came and went today without an offer. The world’s largest beer manufacturer, which already owns 31.3 percent of the smaller Portland, Oregon-headquartered craft beer maker, had until today, August 23, to either make an offer for the remaining stake in the company at a minimum of $24.50 per share (about $328 million) or pay a $20 million fee.
Truly Hard Seltzer-maker Boston Beer Company announced today the nationwide launch of “Truly on Tap,” a new product that the company is calling ”one of the first hard seltzers available on draft” across the country. Boston Beer founder Jim Koch first teased the product, then called “Pure” — a name that competing brand White Claw also announced for a similar product — in January as an alternative for vodka soda drinkers in bars and restaurants.
Oskar Blues Brewery announces the return of a seasonal cult favorite, Death by Coconut Irish Porter, a morbidly malty brew that matches flavors of bittersweet cacao with creamy coconut.
Three key members of Stony Creek Brewery’s team were laid off this week. Stony Creek director of operations Manny Rodriguez confirmed to Brewbound that brewmaster Andy Schwartz, director of sales Jamal Robinson and key account manager Spencer Niebuhr are no longer employed by the company.
On Friday, August 23, The Virginia Beer Company is releasing 39 Words. This “Super Saison” (brewed with Blueberry Puree, Raspberry Puree, and Lemon Zest) was designed and brewed by the Women of the Virginia Beer Co. to celebrate Women’s Equality Day 2019 (commemorating the passage of the 19th Amendment to the US Constitution).
Hard seltzers continue to dominate the talk of the beer industry this summer, and rightfully so with market research firm Nielsen projecting the industry to reach $1 billion by the end of 2019. The seltzer trend has even begun to bleed into pop culture, with a comedian coining the phrase “ain’t no laws when you’re drinking Claws,” and seltzer taking away another occasion once owned by beer — country music — with singer-songwriter Mark Leach’s ode to White Claw, “Drinkin’ Claws.” The culmination of the so-called summer of seltzer — if it actually does prove seasonal — may come on September 14, with the “Fizz Fight” in Denver.
Just in time for the heat of the harvest season, Firestone Walker’s Barrelworks is set to unleash Bretta Blanc—an eccentric and effervescent wild ale made with white wine grapes from David Walker’s family vineyard.
Kansas City beer drinkers can now enjoy Life Coach Lager on both sides of the state line as Kansas Territory Brewing Company expands distribution into the Kansas City – Kansas and Missouri markets.
Wild Leap is excited to announce the release of Rockweave Double IPA, brewed in commemoration of the Rockweave Music & Arts Festival taking place in LaGrange, Georgia October 4 – 5, 2019. Brewed with Centennial hops, this limited-edition double IPA will be available beginning August 19.
