Four years after paying $1 billion for Ballast Point Brewing Company, Constellation Brands today threw in the towel on its big craft bet, announcing an agreement to sell the San Diego craft beer brand along with “a number of its associated production facilities and brewpubs” to Kings & Convicts, a little-known Chicagoland craft brewing company.
A love for beer and a sudden inability to drink it led Karen Hertz and Twila Soles to open separate businesses. Both women founded gluten-free companies in Colorado — Hertz started Holidaily Brewing in Golden, while Soles opened Grouse Malt House in Wellington.
Nearly two months after announcing that it would cease production for distribution and retrench to a taproom-driven business model, Boulder Beer Company said today it will partner with contract brewer Sleeping Giant Brewing to continue selling beer in Colorado.
Craft Brew Alliance (CBA) has amended the contracts of its executive team members, according to a filing last week with the U.S. Securities and Exchange Commission.
Coca-Cola files complaint to block Mark Anthony Brands’ trademark application for “White Claw Hard Seltzer Surge,” claiming it’s too similar to its own Surge brand citrus soda. U.S. brewery shipments decline 4.3%. COOP Ale Works announces new hard seltzer line.
A survey commissioned by the Beer Institute (BI), a national trade group advocating for the U.S. brewing industry, found that 68% of respondents were in favor of extending the federal excise tax relief that was put in place in 2017, but slated to expire at the end of the year. Quadrant Strategies conducted the survey of 1,000 legal drinking age adults for the BI earlier this month.
Former Boston Beer CMO joins Courvoisier. Jester King head brewer departs to start new brewing project in Chicago. Lawson’s Finest Liquids hires first marketing director.
White Claw maker Mark Anthony Brands plans to spend $385 million — $135 million more than the previously projected $250 million — to build production facilities in New Jersey and at a still-undisclosed location in the western United States, founder and CEO Anthony von Mandl shared during the Beer Insights Seminar conference in New York on Monday.
Four months after joining Lagunitas Brewing Company, chief marketing officer Kelly Murnaghan has big plans for the Petaluma, California-based, Heineken-owned craft brewery.
Fermented Sciences, the maker hard kombucha brand Flying Embers, announced this week it has raised $25 million in a Series B round co-led by PowerPlant Ventures and Ecosystem Integrity Fund (EIF). Also, Austin, Texas-based spiked seltzer maker Shotgun Seltzer announced today it has received a $1 million investment from Unorthodox Ventures.
John Bryant hasn’t forgotten the sleepless nights, pacing the floor in the pre-dawn hours wondering how No-Li Brewhouse would make payroll in the Spokane, Washington-based craft brewery’s early days. It’s a feeling many startup founders can relate to as they’re building at a rapid pace.
Another day, another deal. One day after New Belgium announced a proposed sale to Kirin-owned Lion Little World Beverages, rollup play Artisanal Brewing Ventures (ABV) revealed an agreement to expand its portfolio beyond beer with the planned acquisition of Bold Rock Hard Cider in Nellysford, Virginia.
Another member of the old guard of craft brewing sold today when Kirin-owned Lion Little World Beverages announced a “definitive agreement” to acquire 100% of New Belgium Brewing Company in an all cash transaction.
Long-time beer executive Steve Almaraz has joined Figueroa Mountain Brewing as its new president and partner, leaving a five-year stint managing the craft beer category at the Reyes Beer Division.
