In this week’s edition of press clips: Arby’s has agreed to purchase Buy Buffalo Wild Wings in a deal valued at $2.9 billion; Heineken has acquired a minority stake in London’s Brixton Brewery and Texas’ Legacy Hall is set to open.
Colorado’s Avery Brewing today announced the sale of a 30 percent stake to Mahou San Miguel, a Spanish brewing company founded in Madrid in 1890. Specific terms of the deal, which is expected to close in January 2018, were not disclosed.
Sixpoint Brewery founder Shane Welch is making innovation the “primary focus” of the Brooklyn craft brewery heading into 2018. In order to foster that spirit of innovation, Sixpoint formed a new product development team in August, and hired Eric Bachli as the “chief product officer.”
The next round of Brewbound’s Startup Brewery Challenge goes down in less than 48 hours, and it’s time to meet the players taking part in this one-of-a-kind business pitch competition. Presented by Craft Brew Alliance, Startup Brewery Challenge 9 will give five emerging brewery entrepreneurs the opportunity to showcase their beers and business plans on stage at Wednesday’s Brewbound Session.
The Brewbound Session is just five days away, and there’s still time to reserve your seat for a front row look at the future of marketing and selling beer in an ever-expanding high-end marketplace.
In this week’s Last Call: The United States Association of Cider Makers reports growth for regional cider brands, Golden Road gets the green light to build a brewpub in Oakland, and the Brewers Association’s campaign to “buy” A-B InBev hits $3.6 million.
In just six days, Brewbound Session’s official Welcome Reception will bring together some of the brightest minds in beer for casual conversation before the big show. Conference attendees will have the opportunity to share stories and advice with fellow beer industry professionals over a couple locally crafted beers.
In this week’s edition of press clips: Maryland Comptroller Peter Franchot’s “Reform on Tap Act of 2018” would create a friendlier business climate for the state’s craft breweries, the Senate tax bill gains steam as alcohol industry watchdogs cry foul, and two industry trade groups provide a snapshot of beer industry health through October.
The entrepreneurs behind the once-caffeinated and controversial flavored malt beverage, Four Loko, are diversifying. Following the April launch of Four Loko Shots, a line of flavored spirits checking in at 35 percent ABV, Four Loko parent Phusion Projects, via its Innovative Wine & Spirits subsidiary, last week struck a deal with Pabst Brewing Company to market, sell and distribute its first bourbon brand under the Not Your Father’s label.
Colorado-based Left Hand Brewing Company has filed a lawsuit against yeast supplier White Labs alleging that the San Diego-based fermentation specialists sold the brewery contaminated brewers yeast, which led to a $2 million recall in 2016.
In a move that would create a $12 billion beverage alcohol wholesale giant, Republic National Distributing Company (RNDC) today announced plans to merge with Breakthru Beverage. The two companies have signed a letter of intent to combine assets and operations, according to a press release.
In this week’s edition of Last Call: A new Brewers Association survey provides taproom insights, Tenth & Blake’s Pete Marino lays out five keys to surviving a shakeout, and Old Town Brewing fights the city of Portland.
With just six weeks left to go in 2017, U.S. beer volume sales are roughly flat, according to recent data from Chicago-based market research firm IRI Worldwide. The firm, which tracks category-wide sales trends at off-premise retailers, reported that U.S. beer volume sales were down 0.7 percent while total beer dollar sales have increased 1 percent through November 5.
Popular Boston-area beer maker Trillium Brewing today announced plans to open a seasonal beer garden inside the historic “Roslindale Substation Building,” located about 8 miles from downtown Boston.
