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Anheuser-Busch InBev may be the top beer manufacturer in the world, but it has a way to go in spirits. “We are the competition,” A-B CEO Michel Doukeris said of the company’s position in the spirits category during Thursday’s Q2 earnings call.
Tilray Brands chairman and CEO Irwin Simon had a message for Wall Street during the company’s full-year fiscal year 2026 earnings call: “We are no longer defined by one category, one market or one regulatory outcome.”
Boston Beer Company has found another growth driver with its spirits-based hard tea brand Sun Cruiser, which continues to deepen its distribution footprint. But the hot ticket item continues to be unable to stop flooding volume from its sibling brands, as the company recorded yet another quarter of shipments and depletions losses.
Heineken USA (HUSA) is giving away 1,000 31-packs of its non-alcoholic beer, Heineken 0.0, as part of a campaign to win beer-drinking occasions during “Dry January.”
Alabama’s Straight to Ale and Druid City Brewing merge. Truly Hard Seltzer will be offered on American Airlines flights. Kombucha brewer Local Roots acquires Latitude 33’s production facility. Anheuser-Busch InBev returns as official beer sponsor of the NHL and launches larger partnership with the NBA’s Brooklyn Nets.
Samantha Roth left her post as director of corporate communications for Anheuser-Busch InBev in November to become the vice president of communications for the National Football League. North Coast Brewing has hired longtime wine executive Jeffrey Ottoboni as its next CEO.
Canadian Cannabis company Canopy Growth Corporation announced today the appointment of David Klein as CEO, effective January 14, 2020. Meanwhile, Constellation Brands has named Garth Hankinson as Klein’s replacement.
Four years after paying $1 billion for Ballast Point Brewing Company, Constellation Brands today threw in the towel on its big craft bet, announcing an agreement to sell the San Diego craft beer brand along with “a number of its associated production facilities and brewpubs” to Kings & Convicts, a little-known Chicagoland craft brewing company.
Former Boston Beer CMO joins Courvoisier. Jester King head brewer departs to start new brewing project in Chicago. Lawson’s Finest Liquids hires first marketing director.
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.
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 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 »
A number of members of Anheuser-Busch InBev’s corporate affairs team have left the company since early 2019. Cider strategist Caitlin Braam parts ways with Angry Orchard. Beverage operations manager Jonny Stringer departs CraftWorks.
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.
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.
