Seaboard Craft Beer Holdings, the parent company of Tampa Bay’s Big Storm Brewing Co., has acquired the assets of Cape Coral Brewing Co., a Florida brewery that shuttered in October after two years in business.
Texas-based contract brewery Guns & Oil Beer has reached an agreement to take over the former Payette Brewing Co. production facility located about two miles outside of Boise, in Garden City, Idaho. In a conversation with Brewbound, Guns & Oil founder Cary Prewitt said he’s taken out bank loans to finance the $1 million project, including acquiring Payette’s 15-barrel brewhouse. He added that he’s signed a five-year lease on the 11,000 sq. ft. property.
North Carolina-based Thirsty Monk Brewery & Pub announced plans Thursday to open satellite breweries and taprooms in two prominent craft beer markets: Denver, Colorado, and Portland, Oregon.
Sebago Brewing Co. (SBC), announced today the sale of its 13,000-square-foot installed brewery in Gorham to Portland-based Lone Pine Brewing Company.
In this week’s edition of Last Call: ZX Ventures acquires Australian craft brewery 4 Pines; the TTB launches another pay-to-play investigation; Amazon expands alcoholic beverage delivery; and more news from the week.
Green Flash Brewing Co. announced plans today to open a third brewery — this time in the Midwest. The San Diego-headquartered company has acquired a 10,000 sq. ft., 10,000-barrel production facility with a tasting room and restaurant in Lincoln, Nebraska.
Constellation Brands has acquired fast-growing Florida-based craft beer producer Funky Buddha and, in the process, formed a new “High End Craft and Specialty” business group specifically tasked with overseeing the company’s present and future craft brewery purchases. Financial terms of the deal, which closed yesterday, were not disclosed. The structure is similar to Constellation’s 2015 purchase of San Diego’s Ballast Point Brewing, which was worth $1 billion, Brewbound understands. A sale price was not disclosed, but the all-cash deal is for 100 percent of the company, according to KC Sentz, who co-founded the brewery with his brother Ryan Sentz.
A group led by New Belgium Brewing Company today announced it would acquire San Francisco-based Magnolia Brewing Company as part of a bankruptcy proceeding.
Constellation Brands today announced the acquisition of Florida-based Funky Buddha Brewery. Terms of the deal were not disclosed.
Japan’s Sapporo Holdings Limited today announced that it would acquire iconic San Francisco craft beer maker, Anchor Brewing Company.
Brooklyn Brewery, along with California’s 21st Amendment (21A) and Colorado’s Funkwerks today announced the establishment of a combined sales team, which will be led by Brooklyn vice president of business development Dave Duffy.
DuClaw Brewing Co. is officially on the market. The Baltimore, Maryland-based craft brewery today announced that it had retained investment banking firm Equity Partners HG to help identify an investor or buyer for the company.
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.
Farlie Turner & Co. (“Farlie Turner”), a leading investment bank serving middle market companies, is pleased to announce the recapitalization of The Bruery LLC (“The Bruery”) by Castanea Partners, a private equity firm based in Newton, Massachusetts