The San Diego craft brewery scene is once again getting shaken up by the Kings & Convicts. After acquiring the Ballast Point brand from Constellation Brands in 2019, the company is acquiring the brewing facilities and taprooms of Saint Archer from Molson Coors.
SweetWater Brewing parent company Tilray paid $5.1 million in cash and stock to acquire Green Flash Brewing and Alpine Beer Company last month, financial forms filed with the U.S. Securities and Exchange Commission showed. A purchase price of $5,133,000 for the San Diego-headquartered craft brands values their combined 2020 output of 34,000 barrels at $150.97… Read more »
The ownership of Utah’s Uinta Brewing has changed hands once again.
To-go drinks will return to New York state after an abrupt cancellation of the pandemic-driven policy last June, Gov. Kathy Hochul announced during her State of the State address earlier this week. “To-go drinks were a critical revenue stream for New York’s bars and restaurants during the pandemic, helping many small businesses across the state… Read more »
Cincinnati-based Rhinegeist Brewery announced today the forthcoming launch of RGBevs: a new line of malt-based, fruit-flavored alcoholic beverages. The company also revealed plans for a new hard tea brand, Geist Tea. Both new products are set to hit retailers with Rhinegeist’s full distribution footprint in early March.
Atlanta-based SweetWater Brewing has filed a lawsuit against an artist who claims he is owed $31 million for the use of the brewery’s rainbow trout logos, Law360 reported.
National wine and spirits distributor Republic National Distributing Company (RNDC) has acquired the independent Anheuser-Busch InBev (A-B) beer wholesaler White Mountain Beverage in Alaska. Meanwhile, Breakthru Beverage Group is set to acquire Missouri-based beverage alcohol distributor Major Brands, following an agreement announced Wednesday.
The effects of the pandemic on San Diego’s craft brewers were evident in the San Diego Brewers Guild’s (SDBG) 2021 economic impact report released last month, which showed beer production and economic output declines and employment cuts.
Global packaging distributor TricorBraun announced today that it has acquired beverage packaging providers Zuckerman Honickman and Vessel Packaging in a move providing the conglomerate with additional non-alcoholic beverage capabilities and an expanded footprint in Canada. According to the company, all Zuckerman Honickman and Vessel team members, including existing leadership, are expected to remain with the… Read more »
After announcing a partnership with Coca-Cola to launch spirits-based canned cocktail Fresca Mixed earlier today, Constellation Brands reported increases in shipments (+3.1%) and depletions (+8.4%) for its beer business in the third quarter of the company’s 2022 fiscal year. Constellation’s beer portfolio – which includes Mexican import brands Corona, Modelo and Pacifico – increased sales in Q3 FY 2022 (for the three months ending November 30, 2021) on top of difficult comps from elevated off-premise spending driven by the pandemic era fridge stocking in 2020.
Ball Corporation has postponed the implementation of its new minimum order quantities and warehousing policy until March 1 after conversations with the Brewers Association and Sen. Ron Wyden (D-OR). Then, the newly reunited Brewbound team discusses more headlines, including Topo Chico Ranch Water, Troy Aikman’s Eight Lager, and Pabst’s social media attention grab. Listen to… Read more »
Constellation Brands has entered a brand agreement with The Coca-Cola Company to manufacture, market, distribute and launch Fresca Mixed – a spirit-based ready-to-drink cocktail based on the citrusy soft drink.
Modern Times Beer has named Jennifer Briggs its new CEO and has promoted Danielle Jackson to VP of sales, the San Diego-headquartered craft brewery announced Wednesday. Briggs, a member of Modern Times board of directors, was appointed interim CEO in October after founder and former CEO Jacob McKean resigned in May 2021 and president and chief operating officer Chris Sarette departed in August 2021, according to his LinkedIn profile.
One of the nation’s largest craft breweries is dipping its toe into the non-alcoholic beverage space. Sierra Nevada Brewing Company has launched its first non-alcoholic product, Hop Splash, a sparkling water infused with Citra and Amarillo hops.
