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.
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 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.