White Claw maker Mark Anthony Brands plans to spend $385 million — $135 million more than the previously projected $250 million — to build production facilities in New Jersey and at a still-undisclosed location in the western United States, founder and CEO Anthony von Mandl shared during the Beer Insights Seminar conference in New York on Monday.
Four months after joining Lagunitas Brewing Company, chief marketing officer Kelly Murnaghan has big plans for the Petaluma, California-based, Heineken-owned craft brewery.
Fermented Sciences, the maker hard kombucha brand Flying Embers, announced this week it has raised $25 million in a Series B round co-led by PowerPlant Ventures and Ecosystem Integrity Fund (EIF). Also, Austin, Texas-based spiked seltzer maker Shotgun Seltzer announced today it has received a $1 million investment from Unorthodox Ventures.
John Bryant hasn’t forgotten the sleepless nights, pacing the floor in the pre-dawn hours wondering how No-Li Brewhouse would make payroll in the Spokane, Washington-based craft brewery’s early days. It’s a feeling many startup founders can relate to as they’re building at a rapid pace.
In 13 days the No. 9 and No. 40 breweries on the Brewer Association’s Top 50 craft breweries list will travel from their home bases in San Diego County to Brewbound Live in Santa Monica, Calif. Representing the two large craft breweries will be the ones steering their ships: Karl Strauss co-founder and CEO Chris Cramer and Stone Brewing CEO Dominic Engels.
Another day, another deal. One day after New Belgium announced a proposed sale to Kirin-owned Lion Little World Beverages, rollup play Artisanal Brewing Ventures (ABV) revealed an agreement to expand its portfolio beyond beer with the planned acquisition of Bold Rock Hard Cider in Nellysford, Virginia.
We’ve added two new speakers to the Brewbound Live Winter 2019 speaker lineup: Graci Harkema, the former diversity and inclusion Director for Founders Brewing Co., and Day Bracey, the co-founder of Fresh Fest. They will tackle the questions business owners ask when looking to build diverse teams and engage diverse consumers.
Another member of the old guard of craft brewing sold today when Kirin-owned Lion Little World Beverages announced a “definitive agreement” to acquire 100% of New Belgium Brewing Company in an all cash transaction.
Long-time beer executive Steve Almaraz has joined Figueroa Mountain Brewing as its new president and partner, leaving a five-year stint managing the craft beer category at the Reyes Beer Division.
Molson Coors announced today it has taken a minority ownership stake in California-based beverage incubator L.A. Libations, a move that gives the beer conglomerate access to a broad portfolio of brands as it moves to expand its play in non-alcoholic categories. Terms of the deal were not disclosed.
BrewDog launches a third funding round in the U.S. HUB offers mug club memberships to drinkers of closed Portland breweries. Santa Rosa’s Shady Oak Barrel House faces backlash for beer name.
In Episode 5 of the Brewbound Podcast’s second season, Brewers Association president and CEO Bob Pease gives a snapshot of the craft brewing industry in 2019. Also, Beer Paws founder Crystal K. Wiebe shares how the ebbs and flows of the industry affects a small, beer-adjacent business.
In what was promised as not “a routine earnings call,” Craft Brew Alliance CEO Andy Thomas expressed enthusiasm for his company’s proposed sale to Anheuser-Busch InBev, which already owns 31.2% of the company.
A day after announcing Anheuser-Busch will acquire the remaining stake in Craft Brew Alliance (CBA), the Portland, Oregon-headquartered craft beer company reported modest depletions growth in its third-quarter earnings report, boosted by sales of its Kona Brewing brand. Portfolio-wide CBA depletions (sales-to-retailers) increased 2%, driven by Kona Brewing’s depletions growth of 7%. “CBA’s third quarter… Read more »
