international

Lagunitas CEO Discusses Mid-Year Growth, International Expansion Plans

Lagunitas CEO Discusses Mid-Year Growth, International Expansion Plans

Midway through 2018, Lagunitas Brewing Company is the only top five U.S. craft beer brand gaining dollar share, according to CEO Maria Stipp. Speaking to Brewbound, Stipp shared the company’s results through the first half of 2018, noting that Lagunitas ranks fourth in dollar share (up 4 percent) and sixth in volume (up 5 percent) through July 14, according to data from market research firm Nielsen.

Beavertown Brewery Sells Minority Stake to Heineken International

Beavertown Brewery Sells Minority Stake to Heineken International

London’s Beavertown Brewery today announced that Heineken International B.V. would acquire a minority stake in the company, confirming a month-long rumor that the craft beer company was on the hunt for an investment partner. Terms of the deal, including the amount and the specific size of the stake sold, were not disclosed.

Schubros Founder Looks to Raise $1 Million to Open New Brewery in China

Schubros Founder Looks to Raise $1 Million to Open New Brewery in China

Ian Schuster, the founder of Bay Area-based Schubros Brewery, is attempting to raise more than $1 million via equity crowdfunding to build a brewery in Tianjin, China. To do so, Schuster has formed the San Francisco East Bay Brewing Inc. (SFEBB) holding company and he’s selling 23 percent of the company to non-accredited investors through WeFunder, a Securities and Exchange Commission-approved third-party crowdfunding portal, at $250 a share.

Brooklyn Brewery Announces Sixth International Joint Venture

Brooklyn Brewery Announces Sixth International Joint Venture

Brooklyn Brewery and Danish brewer Carlsberg have announced yet another international craft brewing partnership — this time in Eastern Europe. The two companies have formed a joint venture with Švyturys Brewery, based in the port city of Klaipėda, Lithuania.