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.
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Molson Coors has struck a deal to acquire spirits-based, ready-to-drink (RTD) cocktail pioneer Atomic Brands, whose Monaco Cocktails entered the then-nascent space in 2012. The deal should come as no surprise, as it aligns with Molson Coors’ goals to expand its beyond beer portfolio, part of the Horizon 2030 plan CEO Rahul Goyal outlined earlier this year.
A pair of big red network distribution deals were announced in the last 24 hours. Anheuser-Busch InBev has agreed to purchase the distribution rights of its brands, as well as “certain craft/NA brands,” from Advance Beverage Company in Bakersfield, California. Meanwhile, Southern Glazer’s Wine & Spirits inked a deal for independent A-B distributor Clare Rose on Long Island.
After a three-week sprint to finalize deals to acquire BrewDog’s business on three continents, Tilray Brands’ first order of business is to “stabilize the brand,” Tilray CEO Irwin Simon told Brewbound.
Kroger has announced a definitive agreement on a $24.6 billion deal to acquire Albertsons, bringing the country’s two largest grocery chains together.
U.S. grocery chain giants Kroger and Albertsons are involved in merger discussions, which would create the largest supermarket chain in the U.S., Reuters reported.
The Reyes Beer Division continues to wheel and deal. Just one day after revealing a 16 million case deal for Capitol Wright Distributing in Austin, Texas, the largest beer wholesaler in the U.S. announced today an agreement to acquire Paradise Beverage in Hawaii, the company’s 12th market. The transaction is slated to close in early December.
The Reyes Beer Division will enter Texas, its 11th market, with the acquisition of Capitol Wright Distributing LLC. Financial terms were not disclosed but the transaction is expected to close in December.
Cannabis beverage producer Cann announced today it has acquired Toronto-based CBD drink maker Sweet Reason, marking the company’s first acquisition as it seeks to build out a platform for alcohol alternatives. Terms of the deal were not disclosed.
New Orleans-based Urban South Brewery will acquire Pensacola, Florida-based hospitality brand Perfect Plain Brewing Co. for an undisclosed amount.
Muskego, Wisconsin-based Eagle Park Brewing has struck a deal to acquire the intellectual property and recipes of Milwaukee Brewing Company (MKE).
Pilot Project, a Chicago-based brewery incubator, has closed a $8 million seed round, led by the Chicago investment group InvestBev.
New Orleans-based Faubourg Brewing Company has merged with Made By The Water (MBTW), a southeast-based portfolio company, with the plan “to be one of the largest craft beer producers in the United States.”
Ohio Eagle Distributing has a deal in place to acquire Anheuser-Busch InBev’s (A-B) AB ONE distribution operations in Lima, Ohio.
Heineken UK has acquired full ownership of Beavertown Brewery, four years after purchasing a minority share in the London-based company.
Sapporo’s $165 million acquisition of Stone Brewing officially closed Wednesday, August 31, giving the Japanese beer maker one of the top 10 craft breweries by volume in the U.S. in 2021 and the 18th largest brewing operation overall.
When Maui Brewing’s acquisition of Modern Times Beer closes in late October, the newly formed parent company will be called Craft ‘Ohana – the Hawaiian word for “family,” Maui announced today.
Less than 24 hours after reports began circulating of a potential deal, Keurig Dr Pepper (KDP) is distancing itself from a proposed acquisition of Bang Energy.
