Articles Tagged with 'Anheuser-Busch'

White Claw Maker Ups Production Facility Investments to $385 Million

White Claw Maker Ups Production Facility Investments to $385 Million

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.

Craft Brew Alliance CEO Andy Thomas Discusses Sale to Anheuser-Busch

Craft Brew Alliance CEO Andy Thomas Discusses Sale to Anheuser-Busch

Over the last eight weeks, Anheuser-Busch InBev and Craft Brew Alliance (CBA) have been working together to finally complete a merger of the long linked together beer companies. The culmination of that work came Monday with the announcement that A-B, which owns 31.2% of CBA, would acquire the remaining stake in the publicly traded Portland, Oregon-headquartered craft brewing company.

10 Barrel Brewing’s Headquarters in Bend, Oregon, Listed For Sale at $19.7 Million

10 Barrel Brewing’s Headquarters in Bend, Oregon, Listed For Sale at $19.7 Million

Anheuser-Busch InBev-owned 10 Barrel Brewing’s 3-year-old Bend, Oregon-based headquarters is listed for sale for $19.7 million on a commercial real estate website. According to the listing and an accompanying video on the Compass Commercial website, 10 Barrel will remain as a tenant in the space for seven and a half years.

Anheuser-Busch InBev U.S. Shipments Down 3% in Q3; Bud Light Seltzer Coming in 2020

Anheuser-Busch InBev U.S. Shipments Down 3% in Q3; Bud Light Seltzer Coming in 2020

Anheuser-Busch InBev reported today global revenue growth of 2.7% for the third quarter of the year, driven by an increase of 3% in revenue per hectoliter due to premiumization and strong growth in Mexico, South Africa and Colombia. Volumes worldwide decreased 0.5%; A-B’s own beer volumes were down slightly more with a 0.9% decrease. However,… Read more »

Anheuser-Busch Accuses MillerCoors of Stealing Confidential Beer Recipes

Anheuser-Busch Accuses MillerCoors of Stealing Confidential Beer Recipes

The legal battle between the two largest beer makers in the U.S. escalated today, as Anheuser-Busch today accused MillerCoors of breaking state and federal laws by stealing trade secrets regarding beer recipes for its two top-selling brands, Bud Light and Michelob Ultra. In the heavily redacted 66-page amended complaint and counterclaim filed in the U.S. District Court for the Western District of Wisconsin, A-B alleges that two of its former employees who now work for MillerCoors and its parent company Molson Coors either shared confidential trade secrets with their current employers or sought information from current employees about the making of A-B products.

Anheuser-Busch’s Craft Division Bets on New IPAs from Goose Island, Elysian in 2020

Anheuser-Busch’s Craft Division Bets on New IPAs from Goose Island, Elysian in 2020

Anheuser-Busch InBev’s Brewers Collective craft division is betting big on craft beer’s most popular style — the IPA — in 2020. Brewers Collective president Marcelo “Mika” Michaelis told Brewbound that the world’s largest beer company is making a multi-million dollar investment behind a new low-alcohol, low-calorie IPA from Chicago’s Goose Island, as well as a hazy IPA from from Seattle’s Elysian Brewing.

Anheuser-Busch InBev Acquires Markstein Beverage Co. in San Marcos

Anheuser-Busch InBev Acquires Markstein Beverage Co. in San Marcos

California’s beer distribution system is being shaken up once again. Anheuser-Busch InBev announced Friday evening the planned acquisition of “key assets” from Markstein Beverage Co. in San Marcos, California. The company will add those assets to its existing wholly owned distributor, Anheuser-Busch Sales of San Diego.

Craft Brew Alliance Exploring All Options in the Wake of No Offer from A-B

Craft Brew Alliance Exploring All Options in the Wake of No Offer from A-B

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.