Smuttynose Parent Company Acquires Massachusetts’ Wachusett Brewing
Smuttynose parent company Finestkind Brewing has acquired Wachusett Brewing in a deal that will unite two New England legacy craft beer brands.
Smuttynose parent company Finestkind Brewing has acquired Wachusett Brewing in a deal that will unite two New England legacy craft beer brands.
A year and a half after guiding Stone Brewing through its acquisition by Sapporo, CEO Maria Stipp is moving on. Stipp joined the Escondido, California-based craft brewery in September 2020 following the departure of her predecessor Dominc Engels earlier that summer. She steered Stone, the seventh-largest independent craft brewery in the country by volume at… Read more »
More than 1,100 people gathered in Portland, Oregon, this week for the 14th annual CiderCon, hosted by the American Cider Association (ACA).
Los Angeles-based Open Brewing has begun rolling its lager out in Southern California thanks in part to a business partnership with New Belgium Brewing. In addition to a minority investment, New Belgium contract brews Open’s beer, consults the brewery’s team and offers other “shared resources,” a New Belgium spokesperson told Brewbound.
Seven of the top 25 craft growth brands in 2023 were non-alcoholic (NA) offerings, according to full-year NIQ data shared in Bump Williams Consulting’s 2023 craft review.
U.S. craft spirits topped $7.9 billion in sales in 2022, growing 5.3% in value and 6.1% in volume, but slowed considerably from the year prior, according to a new report.
Drizly will be no more as of March. The week started with Uber announcing plans to shut down the e-commerce alcohol delivery platform. Brewbound editor Justin Kendall and weekend newsletter writer Sean McNulty discuss the decision and why it’s another blow for brewers.
Industry executives gathered for Beer Business Daily’s annual Beer Industry Summit in Coronado, California, earlier this week. New Belgium continued to dominate craft scans in 2023, led by its Voodoo Ranger brand family, which claimed six spots in Circana’s list of the top 30 craft brands by dollar sales in tracked off-premise channels. As the company faces the comps – including multiple double-digit gains – New Belgium will not rest on its laurels, new CEO Shaun Belongie said on stage Sunday.
With its business expanding amid a rising U.S. energy drink category, Monster Beverage Corporation projected confidence in its widening product portfolio during its annual investor meeting presentation yesterday.
Hensley Beverage Company president and CCO Andy McCain has been promoted to CEO of the beverage distributor, effective immediately. McCain has worked for Hensley — a 69-year-old independent Anheuser-Busch InBev wholesaler that covers Arizona and New Mexico — for more than 27 years, serving in several leadership roles over that time, including CFO. He was… Read more »
Danish multinational brewer Carlsberg has acquired a 20% stake in Mikkeller from New York-based private equity firm Orkila Capital, the Denmark-based craft brewery announced.
Another Heineken executive is moving over to the Lagunitas team. The Heineken-owned, Petaluma, California-based craft brewery announced today the appointment of Peter Green as head of sales. Green will officially take over the role on March 1.
New Jersey Gov. Phil Murphy signed into law a bill that will ease strict restrictions on the way craft breweries in the state can operate their taprooms.
After nearly nine months of an ugly public legal battle, Sean “Diddy” Combs and Diageo have settled disputes over allegations from the music mogul that the brands he collaborated with Diageo on— Cîroc Vodka and DeLeon Tequila— received worse treatment because of his race.