After more than 14 years with Heineken, Nuno Teles is departing the company to become president of Diageo North America’s beer division. Teles, who has served as Heineken USA’s chief marketing officer since 2014, will take over the Diageo role from Todd Day on March 1 and report to Diageo North America president Deirdre Mahlan.
The slowdown in craft beer category growth has undermined an investment and created tension between the founder of a prominent Texas brewery and his newest partner. After initially agreeing to purchase a majority interest in fast-growing, Dallas-based Deep Ellum Brewing, Storied Craft Breweries, an upstart growth capital group, paid penalties to back out of the full investment, saying it has altered its strategy in light of slowing craft growth trends.
After the Pacific Northwest’s hop production reached a record 104 million pounds in 2017, the Hop Growers of America, a Yakima-based non-profit trade association, warned hop farmers that the industry has reached a saturation point and warned brewers to contract “cautiously and pragmatically.”
Brewbound, a leading trade publication covering the beer industry, today announces that it will host a two-day business conference for professionals in the beer, cider, and flavored malt beverage industries. Called Brewbound Live, the expanded event – formerly known as Brewbound Session — will take place at the Loews Hotel on November 27 and 28 in Santa Monica, California.
One week after announcing plans to acquire Oregon-based General Distributors, Portland’s Columbia Distributing today said it would purchase a majority of the assets of western Washington-based wholesaler Marine View Beverage. A purchase price was not disclosed. The deal, which is slated to close April 30, will add nearly 8 million cases to Columbia’s business, according to Marine View’s website.
Craft Brew Alliance (CBA) has shut down its emerging business division and, in the process, let go of a key executive who had been with the company since 2011. In an SEC filing, CBA today announced that John Glick, who most recently served as the vice president of the company’s emerging business unit, would leave to “pursue other business opportunities.”
New Dogfish Head COO and president George Pastrana has only been on the job for about three weeks, but he said brewery founders Sam and Mariah Calagione have already welcomed him into the business as a “co-leader.”
Night Shift Brewing has brewed its last batch of beer at New Hampshire’s Smuttynose Brewing Company. The Massachusetts-based craft brewery, which partnered with Smuttynose last November for expanded production of some of its more popular offerings, has begun contract brewing with Isle Brewers Guild (IBG) in Pawtucket, Rhode Island, following news that Smuttynose would be sold at an auction.
As Craft Brew Alliance (CBA) continues to execute on a Kona-Plus strategy that led to 10 percent depletion growth for the Hawaiian-themed brand in 2017, CEO Andy Thomas is working to transform the publicly traded craft beer company into a “smaller, but healthier” organization that prioritizes profitability over increased shipment volumes.
In this week’s edition of Last Call: Constellation Brands-owned Ballast Point announces plans to consolidate its operations in Miramar; Epic Brewing recalls a batch of beer; A-B releases its Bud Light “Dilly Dilly” ad; and more.
Brewbound, a leading trade publication covering the beer industry, is announcing that Dogfish Head Craft Brewery has signed a two-year agreement to become the official beer of the Brew Talks meetup series. As the exclusive brewery partner, Dogfish Head will serve attendees a selection of its brews, including Liquid Truth Serum IPA, and the company’s key executives will participate in the panel discussions.
Nearly three weeks after shuttering its taproom, production has ceased at California’s Mendocino Brewing Company’s Ukiah-based facility.
As Sunday’s Super Bowl matchup between the New England Patriots and the Philadelphia Eagles unfolds on the field, Anheuser-Busch InBev will be attempting to capture viewers’ attention by running six ads during the commercial breaks.
New Belgium Brewing today announced the hiring of Shaun Belongie as its new vice president of marketing. Belongie, who joined the Colorado-headquartered craft brewery earlier this month, replaces Ruairi Twomey, who departed last July.
