Twelve days after the U.S. Department of Justice approved the acquisition of Craft Brew Alliance by Anheuser-Busch, the two companies have completed their merger and shared details about the new structure of the Brewers Collective, A-B’s craft division.
The long proposed marriage of Anheuser-Busch InBev and Craft Brew Alliance (CBA) appears to be mere months away from consummation. The U.S. Department of Justice on Friday gave its blessing to A-B’s proposed acquisition of the remaining stake in CBA — a deal finally reached in November 2019.
Ten months after it was announced, the Department of Justice has approved the merger of Craft Brew Alliance (CBA) and Anheuser-Busch InBev.
The effects of the COVID-19 pandemic were easy to see in Craft Brew Alliance’s latest earnings report. Shipments of CBA products during the three-month period ending June 30 — in the thick of the pandemic and its shut down of on-premise establishments — declined 10.2%, to 206,900 barrels, down from 230,500 barrels in Q2 2019.
A Craft Brew Alliance (CBA) shareholder has filed a lawsuit against the Portland, Oregon-based craft beer maker, its board of directors and Anheuser-Busch InBev alleging that the world’s largest beer manufacturer exercised its influence over the smaller company to sell “on unfair terms.”
For its second quarter-century, Cisco Brewers is debuting a new look and two new beers. The Nantucket, Massachusetts-based brand, which was acquired by Craft Brew Alliance (CBA) in 2018, has refreshed its branding and packaging with the launch of a new summer seasonal offering, Summer Rays golden ale, and a new year-round New England-style IPA,… Read more »
Craft Brew Alliance posted $45.8 million in sales during the first quarter of 2020, down nearly $4 million from the same time last year, according to the Form 10-Q the company submitted to the U.S. Securities and Exchange Commision and posted to its website Wednesday.
Craft Brew Alliance (CBA) referred to the Kona brand as its “cornerstone” while reporting the company’s fourth quarter and full-year 2019 earnings report Wednesday afternoon. Last year, the Hawaiian-themed craft beer brand shipped 474,800 barrels, an increase of 4.1%.
The marriage of Craft Brew Alliance (CBA) and Anheuser-Busch InBev cleared another hurdle today as shareholders of the Portland, Oregon-headquartered craft beer maker voted to approve a sale of the company to the world’s largest beer manufacturer.
Redhook Brewery is kicking off 2020 with the release of Busta Lime IPA, an India Pale Ale packed with real lime juice, lime-nuanced hops, and a light malty sweetness.
Four lawsuits claiming that Craft Brew Alliance (CBA) omitted “material information” from a proxy statement related to the craft beer maker’s planned merger with Anheuser-Busch InBev have been dropped after the Portland, Oregon-headquartered company filed a supplemental report, according to a U.S. Securities and Exchange Commission filing on Tuesday.
The parent company of Brizzy Seltzer Cocktails has filed a lawsuit against Molson Coors Beverage Company in U.S. District Court for the Western District of Texas, alleging that the second largest U.S. beer manufacturer’s Vizzy Hard Seltzer name “is nearly identical to Brizzy in sight, sound and appearance” and infringes upon its trademark.
The U.S. Department of Justice is seeking additional information and documentation from Anheuser-Busch InBev and Craft Brew Alliance (CBA) as the two companies work toward a planned merger that was announced last November, according to a filing this morning with the U.S. Securities and Exchange Commission.
Craft Brew Alliance (CBA) has amended the contracts of its executive team members, according to a filing last week with the U.S. Securities and Exchange Commission.