Lafayette, Colorado-headquartered Westbound & Down (W&D) has acquired Aspen Brewing and Capitol Creek Brewery from High Country Brewing LLC. The deal, which closed December 1, includes Aspen’s 7,000-barrel capacity production facility and both breweries’ brewpubs.
Wholesalers’ beer ordering entered expansion territory in November after four months of contraction, indicating “a more neutral stance for the industry,” according to the National Beer Wholesalers Association’s (NBWA) latest Beer Purchasers’ Index (BPI). The BPI’s November reading for total beer was 51, a three-point month-over-month (MoM) increase from October’s reading of 48. A reading greater than 50 indicates expansion, while less than 50 indicates contraction.
New Jersey craft brewers are reeling after Gov. Phil Murphy’s conditional veto of a unanimously passed bill that would reform the Garden State’s restrictive conditions for sales and operations at craft brewery taprooms.
Garage Beer’s new owner, Andy Sauer, and VP of marketing, Corey Smale, join the Brewbound team to discuss taking over the craft lager brand following a deal with Kentucky’s Braxton Brewing earlier this year.
Boston Beer Company is adding another non-alcoholic (NA) brand to its portfolio, expanding a ready-to-drink (RTD) offering and discontinuing another.
Craft Vermont is being sold to Farrell Distributing (a Molson Coors distributor) and Baker Distributing (an Anheuser-Busch house), in a transaction expected to close in February, according to Beer Marketer’s Insights.
Connect with hundreds of beer and bev-alc industry leaders in just 7 days at the Brewbound Live 2023 business conference in Marina del Rey, California. Networking is an essential piece of Brewbound Live – we make sure to offer plenty of opportunities throughout the day for you to initiate meaningful conversations, establish new partnerships, and catch up with industry friends.
On-premise sales velocity has been inconsistent of late, with week-over-week (WoW) growth of +8% in the week ending November 11, followed by a -4% decline in the latest week (ending November 18), according to CGA, a NIQ-powered on-premise market research firm.
Pernod Ricard announced new leadership today for its North America business. Conor McQuaid, will take the helm as CEO of Pernod Ricard North America at the start of the new year.
Huntersville, North Carolina-based D9 Brewing, its co-founders and its parent company Community Brewing Ventures are facing a lawsuit filed by SouthState Bank, National Association, which claims the defendants have breached their contract with the bank.
Molson Coors chief commercial officer Michelle St. Jacques announced a series of leadership moves in an all employee email sent today, along with the creation of the Americas Commercial Accelerator, which will be focused on driving “capability building across all geographies and categories.”
When Tilden, a 750 ml ready-to-serve mocktail debuted at the start of the year, the founders used flask-sized sample bottles to pitch their new product in sales meetings.
The Chicagoland grocery industry got a little more interesting today with the announcement that modern convenience chain Foxtrot and natural grocery chain Dom’s Kitchen & Market will be merging in an all-stock deal that will create a new holding company called Outfox Hospitality.
This year’s Thanksgiving Eve (November 22) was a bit lackluster for beer, with Drinksgiving/Blackout Wednesday draft volume down -2.5% year-over-year (YoY), according to BeerBoard, an on-premise market research firm.
