Read the latest beer industry financial news and reporting relating to investment, mergers and acquisitions. Explore the biggest deals, as well as what the financial future looks like for breweries in terms of capital availability, deal terms, lending, and the strategic marketplace in order to help shape your planning strategy for the short and medium term.
Submit M&A News
If you’ve recently raised a round of funding or have news related to beer industry investment, submit your news to your team.
The deal environment within the craft brewing industry is “a bit slow” with “a lot of volatility, a lot of uncertainty,” which isn’t very conducive to dealmaking, Arlington Capital Advisors managing director Ryan Lake shared during the 2023 Brewbound Live business conference earlier this month.
Ty Gilmore, president of Tilray Brands’ U.S. beer division, estimated that he receives around two to three calls a day from potential sellers looking to join the Canadian cannabis firm’s craft brewery platform.
New Belgium CEO Steve Fechheimer and Bell’s Brewery EVP Carrie Yunker wrapped up Day One of Brewbound Live 2021 in Santa Monica, California, to discuss what comes next, following the sale of Bell’s to New Belgium’s parent company, Kirin-owned Lion Little World Beverages.
Two months after the Federal Trade Commission (FTC) completed a review of Kroger and Albertsons’ proposed supermarket mega-merger and filed a lawsuit to block the deal, the grocery chains have added more store locations and assets to an updated version of their definitive divestiture agreement with C&S Wholesalers.
Pernod Ricard-owned Corby Spirit and Wine, Canada’s second largest marketer and distributor of spirits and wines, has agreed to purchase RTD brand Nude for $8 million ($11 million CAD).
Pike Brewing owner the Seattle Hospitality Group (SHG) has reached a “definitive agreement” to acquire a “controlling interest” in Fremont Brewing, the company announced today.
A pair of Iowa breweries have started a collective, while maintaining independent ownership. Backpocket Brewing in Coralville and SingleSpeed Brewing in Waterloo have linked up under the Parallel Brewery Collective umbrella. As of mid-February, the breweries are working under a shared-service agreement, with a shared sales team now offering both breweries’ portfolios, and are working together on supply chain procurement.
What makes a spirit company a good target for acquisition? That’s the question a panel of experts answered at the DISCUS annual conference in San Diego last month.
Blue Lake, California-based Mad River Brewery has been acquired by the Paskenta Band of Nomlaki Indians, who own and operate the Rolling Hills Casino and Resort in Corning, California.
Spirits giant Sazerac announced today plans to acquire Southern Champion’s ready-to-drink (RTD) portfolio, including BuzzBallz, the spherical wine-, spirit- and malt-based cocktail brand.
Founder Ray Daniels has sold the Cicerone Certification Program to Dan Imdieke and Jason Pratt, the organization announced today.
Two New England craft-centric distributors are expected to merge operations. Craft Collective and Homegrown Distribution, which both have statewide coverage in Massachusetts and Rhode Island, “have reached a tentative agreement to combine operations, subject to regulatory approval,” leaders from both wrote in a letter to suppliers dated today obtained by Brewbound. “The purpose of our… Read more »
San Diego-based hard kombucha and canned cocktail (RTD) maker JuneShine will acquire beyond beer brand Flying Embers in an all-stock transaction, the company announced today.
As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government. The Federal Trade Commission (FTC) today announced it has filed a lawsuit to block the merger in the U.S. District Court for the District of Oregon, alongside a bipartisan group of nine attorneys generals from Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon and Wyoming.
Baltimore-based Guilford Hall Brewery has acquired the Flying Fish brand, recipes, trademarks, and wholesaler agreements through a bankruptcy auction, according to NJ Advance Media.
Former Atwater Brewery owner Mark Rieth has acquired a majority stake in Lansing Brewing Company (LBC) and its Hard Nose Spirits brand via his Detroit Liquid Ventures beverage platform.
Big Grove Brewery has acquired a majority stake in Climbing Kites, an Iowa-based maker of Delta 9 THC- and CBD-infused, non-alcoholic sparkling water.
