In the latest edition of Press Clips: Founders Brewing’s sale to Mahou San Miguel is valued at $198 Million; Colorado Brewers Guild names new executive director; Dark Horse Brewing behind on mortgage and property taxes; and Dogfish Head sends artifacts to the Smithsonian.
Coors Distributing Co. is taking a step into the growing CBD-infused beverage category, announcing Friday that it will begin distributing products from Colorado’s Best Drinks and DRAM Apothecary.
In the latest Last Call: Anheuser-Busch InBev resumes Asia-Pacific IPO application; Roak Brewing to acquire Dark Horse; Reyes closes on DBI deal; A-B appeals ‘No Corn Syrup’ preliminary injunction; and more.
At this year’s Craft Beer Conference, Bart Watson’s message to attendees was clear: The craft beer industry is entering a maturation period. Growth in the craft sector, while still present, has slowed, and the industry’s“new normal,” is setting in.
La Colombe Coffee Roasters has teamed with MillerCoors on a new low-alcohol, cold-brew coffee line that will be tested in select U.S. cities later this month. The Philadelphia-based coffee roaster and retailer announced yesterday the launch of La Colombe Hard Cold Brew Coffee, a 4.2% ABV beverage that will be available in a limited run of 9 oz cans in Boston, Massachusetts; Tampa, Ft. Meyers and Treasure Coast, Florida; and Denver, Colorado.
Hard seltzer — it’s everywhere — along with a surge of other FMBs. Have you explored expanding your portfolio with beyond beer offerings? Or are you considering it? What opportunities are there outside of traditional beer, and what do consumers actually want to drink? Nielsen is going to dive into the data to see how these emerging segments are developing and how they impact the beer industry.
Constellation Brands is closing another Ballast Point taproom. The New York-headquartered beer, wine and spirits giant plans to close the taproom and restaurant at its Daleville, Virginia, production facility by the end of September, according to the Roanoke Times. Constellation will also cut 25 full- and part-time workers, as well as 16 temporary employees, the outlet reported.
Fast-growing Massachusetts craft beer maker Wormtown Brewery has named Freetail Brewing founder Scott Metzger as its next general manager. The Worcester-based craft brewery informed its wholesalers of Metzger’s hire on Tuesday. Metzger will officially assume the role on September 25.
Deschutes Brewery is looking beyond beer and outside of its own brand for its big innovation of 2020. The Bend, Oregon-headquartered craft brewery today unveiled Modified Theory, a line of flavored malt beverages, during its annual distributor summit.
Lighthouse Strategies’ long-rumored Great Lakes craft brewery acquisition finally became reality today. The maker of the Cannabiniers and Two Roots lines of cannabis-infused, non-alcoholic and alcoholic craft beers, announced today that it has reached a deal for Auburn Hills, Michigan-based Rochester Mills Production Brewery.
Three years after acquiring Seattle Cider Company and Two Beers Brewing Company, French agri-business cooperative Agrial Group is suing the beer and cider maker’s founder, Joel VandenBrink, for breach of contract and fiduciary duties for allegedly falsifying sales to increase a payout by $6.8 million. The Seattle Times first reported the story on Friday.
In this week’s Last Call: Patagonia’s Trademark Lawsuit Against A-B Continues; Narragansett to Open Rhode Island Brewery; NBWA’s Beer Purchaser’s Index Expands in August; Anheuser-Busch Donates Canned Water to Hurricane Dorian Relief Effort
Charlotte, North Carolina-based Sycamore Brewing is diversifying its portfolio again with the launch of Beach Shack Coffee. Sycamore, which also makes the Wild Blossom cider brand, has begun selling canned and kegged cold brew, and also plans to offer fresh-roasted beans, said Sycamore Brewing VP of sales Archie Gleason. Sycamore — which was founded by husband-and-wife Justin and Sarah Brigham in 2013 — sees whitespace in the local Charlotte market for craft beer drinkers who like artisan coffee, Gleason said.
Rearrange the blocks, or sell them? That’s the question that Craft Brew Alliance CEO Andy Thomas seemed to be working through in a rare off-cycle conference call with investors and analysts today after his company’s largest playmate, Anheuser-Busch InBev, declined its long-held option to purchase the Portland, Oregon-headquartered craft beer maker.
