Washington-based craft distiller Heritage Distilling announced this week its plans to merge with Better World Acquisition, a special purpose acquisition company (SPAC), to go public in a transaction that has a pro forma enterprise value of over $122 million. If completed, the merger will make Heritage one of the only publicly traded pure-play craft distilleries.

Brewers Association (BA) chief economist Bart Watson rounded off the trade group’s week of looking back at 2022 with a Collab Hour webinar Thursday, analyzing craft’s 2022 performance and sharing predictions for 2023.

A judge has denied Anheuser-Busch InBev subsidiary Grupo Modelo’s bid for partial summary judgment in its trademark infringement lawsuit against Constellation Brands for the company’s use of the Corona trademark for hard seltzer.

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.

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.

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.

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.

U.S. craft breweries saw a “varied recovery” in 2022, with volume returning to pre-COVID-19 pandemic levels, but not all channels bouncing back and margins tightening, according to the Brewers Association’s (BA) annual Year in Beer report.

A judge has granted Pullayup, Washington-headquartered Olympic Eagle Distributing a preliminary injunction against Constellation Brands’ termination in the U.S. District Court for the Western District of Washington.