Blue Lake, California-based Mad River Brewery has been acquired by the Paskenta Band of Nomlaki Indians, who own and operate the Rolling Hills Casino and Resort in Corning, California.
The Yurok Agricultural Corporation, a wholly owned corporation of California’s Yurok Tribe, acquired Mad River in October 2019. The sale of the 35-year-old craft brewery to the Paskenta Band of Nomlaki Indians follows the group launching California’s first tribal-owned distillery in November 2021, the Paskenta Brewery and Distillery.
Tribal Chairman Andrew “Dru” Alejandre said in the announcement: “Acquiring Mad River Brewery is another milestone in Paskenta’s commitment to building an economically sustainable future for our tribe and serving as an economic growth driver for our neighbors.
“Now, with the acquisition of Mad River Brewery, we’re honored to extend our expertise in blending tribal identity and craft beer to the Northern California community and tribes across the nation. As we continue to innovate, we proudly lead the way in crafting beers and spirits within Indian Country.”
Mad River CEO Linda Cooley added: “It fills my heart to know the business will remain in tribal hands and continue supporting the tribal community. I have no doubt Mad River Brewery will continue its growth with this Paskenta Partnership.”