Next Glass, the tech parent company of beer-centric social media app Untappd and online beer community and event producer Beer Advocate, announced today it has reached an agreement to acquire e-commerce platform Oznr, formerly known as CraftCellr.
IRI®, a global leader in innovative solutions and services for consumer, CPG, retail and media companies, today announced that it has acquired Retail Solutions, Inc. (RSi), the leading provider of supply chain solutions for CPG manufacturers and retailers. The addition of RSi’s solutions to the industry-leading IRI Liquid Data® technology platform will offer the industry’s most comprehensive supply chain solution, as well as the largest repository of de-identified and anonymous consumer data assets in the CPG industry, delivering long-term increased value and impact to clients.
The Boston Beer Company has added Dogfish Head co-founder Sam Calagione and Snap Inc. (Snapchat) chairman Michael Lynton to the company’s board of directors. Philadelphia-headquartered GoPuff, essentially an on-demand delivery service for products ranging from snacks to alcohol, recently completed a $380 million funding round that takes the company’s valuation to $3.9 billion. And more news bites.
Bell’s Brewery’s portfolio will be excluded from the sale of Indianapolis-headquartered Monarch Beverages to the Reyes Beer Division, after the Comstock, Michigan-based regional craft brewer informed its distributors last year it would not allow its brands to be sold to certain successors.
Another big wholesaler deal is going down, further consolidating the middle tier. Reyes Beer Division has struck an agreement to acquire the assets of Indianapolis, Indiana-based Monarch Beverage.
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.
Anheuser-Busch is selling off its Colorado-based wholly owned distribution (WOD) branch. The world’s largest beer manufacturer today announced an agreement to sell its Colorado distribution operations to Norcross, Georgia-based Eagle Rock Distributing, which will expand its operations to Colorado. Terms of the deal were not disclosed. An A-B spokesperson said the company would transition more… Read more »
Two of the largest beer manufacturers in the U.S. are linking up. Molson Coors Beverage Company and D.G. Yuengling & Son announced today a joint venture and long-term brewing partnership to expand distribution of the Pottsville, Pennsylvania-headquartered brewery’s beer beyond East Coast markets.
Atlantic — a Holliston, Massachusetts-based craft beer, wine and spirits importer and wholesaler — announced today the acquisition of the operations of Bayside Distributors, which is also based in Holliston. The transaction will add 400,000 cases and $10 million in additional revenue to Atlantic’s business. Atlantic currently distributes 1.5 million cases of product.
The liquor license of New York City’s oldest beer garden — The Beer Garden at Bohemian Hall in Astoria — has been suspended for violating the state’s COVID-19 guidelines. Meanwhile, Dollar sales of hard seltzers in off-premise retailers will soon surpass craft beer sales, Brewers Association chief economist Bart Watson reported recently, citing data from market research firm IRI.
After helping orchestrate one of the biggest transactions in the craft beer space in 2019 — Kirin-owned Lion Little World Beverages’ acquisition of New Belgium Brewing — Simon Thorpe is on to his next project.
The Reyes Beverage Group announced plans today to merge operations of its Chicagoland wholesalers — Windy City Distributing and Chicago Beverage Systems — into one company by mid-October.
Molson Coors Beverage Company has hired Jennifer Martinez as senior director of corporate affairs. Also, the Breakthru Beverage Group announced that it has acquired the Miller portfolio of brands in southern Nevada, giving the multi-state beer, wine and spirits wholesaler the full Molson Coors portfolio in the state.