The Reyes Beverage Group, the nation’s largest beer wholesaler, has struck its second deal in Virginia in the past 13 months, according to a press release. Premium Distributors of Virginia, a Reyes subsidiary, announced Friday that it has acquired the distribution rights of Winchester, Virginia-based Dixie Beverage Company. The deal will add 280,000 cases to… Read more »
Dogfish Head co-founder Sam Calagione shared how the first 149 days of his company’s merger with the Boston Beer Company was progressing during Brewbound’s final Brew Talk meetup of 2019. Calagione pointed to goals of brand longevity and growth outside Dogfish Head’s homebase of the Mid-Atlantic region as the reasons for forming a business partnership… Read more »
Six months after acquiring a majority stake in Oregon’s Ninkasi Brewing, Legacy Breweries Inc. today announced the acquisition of two smaller craft breweries, Aspen Brewing in Colorado and Laurelwood Brewing in Oregon.
The Reyes Beverage Group, the largest beer wholesaler in the U.S., announced today its third California wholesaler acquisition of the year, with the planned purchase of W.A. Thompson. The acquisition of Bakersfield-based W.A. Thompson will add 7.1 million case equivalents and 2,500 accounts to Reyes subsidiary Harbor Distributing, according to a press release. The deal is expected to close in early December.
Although the pace of dealmaking among breweries has slowed in recent years, consolidation in the middle tier continues, as wholesalers in New York and Colorado recently struck deals. In New York, Buffalo-based Certo Brothers Distributing has sold to Wright Beverage, and in Colorado, RMC Distributing announced Friday that it had sold to KEG 1.
Three Colorado breweries — Renegade Brewing, Good River Beer and Rocky Mountain Sector — have merged to create the Brewer’s Co-Hop, a new business venture that will share a production facility and back-of-house resources in Denver.
In the latest edition of Press Clips: Boston Beer strikes Truly sponsorship deal with NHL; Great Divide sells land in Denver; March First Brewing acquires Figleaf Brewing Company; and Yuengling partners with Pink Boots Society for scholarship.
In the latest edition of Press Clips: Founders Brewing’s sale to Mahou San Miguel is valued at $198 Million; Colorado Brewers Guild names new executive director; Dark Horse Brewing behind on mortgage and property taxes; and Dogfish Head sends artifacts to the Smithsonian.
Lighthouse Strategies’ long-rumored Great Lakes craft brewery acquisition finally became reality today. The maker of the Cannabiniers and Two Roots lines of cannabis-infused, non-alcoholic and alcoholic craft beers, announced today that it has reached a deal for Auburn Hills, Michigan-based Rochester Mills Production Brewery.
Rearrange the blocks, or sell them? That’s the question that Craft Brew Alliance CEO Andy Thomas seemed to be working through in a rare off-cycle conference call with investors and analysts today after his company’s largest playmate, Anheuser-Busch InBev, declined its long-held option to purchase the Portland, Oregon-headquartered craft beer maker.
Following last week’s news that Spanish brewer Mahou San Miguel had agreed to acquire a controlling stake in Michigan’s Founders Brewing Company, co-founder Mike Stevens told Brewbound that his goal of building “America’s next great brewery” remains unchanged. In fact, Stevens said Mahou’s investment brings that goal closer to reality.
The awkwardness between Craft Brew Alliance and Anheuser-Busch InBev didn’t end last Friday when the world’s largest beer manufacturer passed on making a qualifying offer to purchase the company. CBA CEO Andy Thomas told Brewbound that the awkwardness has shifted from a will-they, won’t-they-get-married scenario, to one in which the question is if the two companies still want to live together now that they’re no longer engaged.
In this week’s Last Call: California ABC Investigates Amazon; US Beer Shipments Down Again in July; Anheuser-Busch’s ZX Ventures Acquires Barbarian; MillerCoors Launches New Blue Moon Campaign
In a deal that will make it the largest wholesaler of Anheuser-Busch products in Massachusetts, Quality Beverage announced today an agreement to acquire Williams Distributing. Financial terms of the asset purchase, pending supplier approval, were not disclosed. The transaction is expected to close in October. Speaking to Brewbound, Quality Beverage president and CEO Conrad Wetterau said the company will add 2.8 million case equivalents (CEs) in the transaction from Williams Distributing.