Craft Brew Alliance (CBA) and Anheuser-Busch InBev’s proactive attempt to remove regulatory roadblocks by reaching an agreement to sell off Kona Brewing’s operations in Hawaii will come with a $16 million price tag for prospective buyer PV Brewing Partners.
Craft Brew Alliance announced today plans to divest of its Kona Brewing operations in Hawaii in an effort to gain regulatory approval for its planned merger with Anheuser-Busch InBev. Contingent upon CBA’s combination with A-B closing later this year, Kona’s operations in Hawaii would be sold to PV Brewing Partners, a partnership between former A-B president Dave Peacock and Overland Park, Kansas-based family office VantEdge Partners.
No-Li Brewhouse’s John Bryant knows you have questions about his plan to invest as much as $8 million in a new production facility in Spokane, Washington.
As the bar and restaurant industry begins the slow return to normalcy, millions of kegs of varying degrees of fullness have sat idle for months in coolers across the country. Keg Hounds chief revenue officer Mark Carpenter joined Brewbound for a conversation about keg tracking, inventory, maintenance and loss, particularly after the long pause of draft service due to the COVID-19 pandemic.
During a two-part edition of Brewbound Frontlines this Thursday, the team from Weathered Souls Brewing Company discusses the Black is Beautiful collaboration initiative, and then, in a separate conversation, Buffalo Wild Wings beverage innovation manager Jason Murphy shares the sports bar chain’s reopening plans and what it means for craft brewers.
Michigan legislators are considering a bill that would extend indefinitely delivery sales of alcoholic beverages for bars and restaurants and create “social districts” in which consumers would be able to drink beer, wine or spirits in a common area outside the walls or designated patio spaces of licensed establishments, according to MLive.com.
Off-premise beer category sales topped $1 billion for the second consecutive week, which included the Memorial Day holiday, according to the latest one-week data slice shared by market research firm Nielsen.
Fran Caradonna’s first 15 months at Schlafly Beer maker the Saint Louis Brewery have been eventful, to say the least.
The seasonal beer segment hasn’t received the same double-digit bump that skyrocketing off-premise sales have delivered for the overall craft beer segment, according to market research firm Nielsen.
The National Beer Wholesalers Association’s monthly Beer Purchasers’ Index bounced back from a dismal 35 reading in April to an overall index of 66 in May. Long-time Vermont Cider Co. executive Terry Hopper is exiting the maker of Woodchuck Hard Cider, effective today. And more industry news bites.
A bill with changes to the restrictions on Paycheck Protection Program (PPP) loans has landed on President Donald Trump’s desk after passing the Senate on Thursday, June 4.
This week on Brewbound Frontlines, National Beer Wholesalers Association chief economist Lester Jones and Brewers Association chief economist Bart Watson discuss beer sales during the COVID-19 pandemic, how the summer selling season is shaping up and their projections for the rest of 2020.
Allagash Brewing is planning to roll out several years of innovations over the next three months, founder Rob Tod announced Wednesday. Allagash’s plan is to launch two new core year-round products, including a line of low-calorie, low-alcohol “sparkling session ales” made with fruit called Little Grove and a new stout called North Sky.
Within 24 hours of announcing the Black is Beautiful collaboration beer on Monday, Weathered Souls Brewing co-founder and head brewer Marcus J. Baskerville heard from nearly 100 craft breweries who wanted to participate.
