Craft beer industry news.
Two weeks remain in 2022 and the reviews are beginning to filter in. Spoiler alert, it’s not been a great year. Brewers Association (BA) chief economist Bart Watson ran through the trade group’s annual “Year in Beer” wrap up. Plus, for the last-minute holiday shoppers, how about buying a wholesaler?
With his latest beverage alcohol play, sports business analyst and CPG investor Darren Rovell is feeling the heat – and he’s excited for it.
Andrews Distributing Company of North Texas has signed a purchase agreement to acquire the assets of Price Distributing Company in Ennis, Texas, the company announced Thursday. The transaction is expected to close today.
Colorado-based beverage maker Hoplark is separating into two subsidiaries: Hoplark, which will oversee the core brand as it currently exists, and Hoplark Labs, a tech-driven division that will launch new beverage brands and products under the leadership of the company’s founder, Dean Eberhardt.
Rising prices may be concealing disappointing volume sales in the U.S. beer industry, financial services firm Credit Suisse cautioned in a recent report.
San Diego has been selected as the site for 2023 Homebrew Con, a homebrewing conference and competition featuring more than 2,000 amateur and pro brewers.
Bell’s Brewery is expanding the brand family of its flagship Two Hearted IPA, beginning with Hazy Hearted IPA and a new variety pack, the Comstock, Michigan-based brewery announced today.
Athens, GA-based Creature Comforts Brewing Co. and Greeley, CO-based WeldWerks Brewing Co. are pleased to announce their Brew For One limited release Barrel-Aged Stouts, benefiting their respective local communities with this year’s Brew For One initiative.
SymBev Inc. is building a new national adult beverage company through acquisition and innovation in the craft beverage space. Significant performance improvements will be driven by enhanced scale and best business practices built on an obsession with data and consumer-focused intelligence.
As 2022 nears a close, middle tier consolidation has yet to slow down. The latest deal involves self-described “consolidator of beverage alcohol distributors” Keg 1 and its Keg 1 River City LLC subsidiary striking a deal to acquire River City Distributing Company in Louisville, Kentucky.
Several big craft beer deals have gone down in 2022, from the sale of Stone Brewing to Sapporo, to Tilray’s recent acquisition of Montauk Brewing. Those transactions have one thing in common: investment bank Arlington Capital Advisors. Arlington director Ryan Lake broke down the state of beverage alcohol M&A during the Brewbound Live business conference.
Ekos is excited to fully launch an all-new production planner for breweries that makes it easier to plan and streamlines production.
Sycamore Brewing, the Charlotte-based craft brewery known for its top-notch ingredients, announces the return of Sticky Crystals (7.04% ABV) for a limited time only.
Opening a brewery in any year is a challenge. In 2022, amid inflation, rising cost of goods and labor shortages, what’s it like to try to move from brewery-in-planning to open with a full taproom? Sarah Real and Mike Dell’Aquila, the co-founders of Hot Plate Brewing, share their experience.
