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.
Is the food and beverage funding freeze finally thawing? FABID’s Q1 2025 Report reveals a surprising rebound in deal size and investor appetite—just not where you might expect.
Craft Collective and Homegrown Distribution have merged to form Craft Collective Homegrown Distribution (CCHGD) with statewide coverage in Massachusetts and Rhode Island, the companies announced today.
Two New England legacy craft houses are merging in a deal that unites 14 brands. The parent companies of Harpoon and Smuttynose – Mass. Bay Brewing Company and FinestKind Brewing, respectively – have merged to form Barrel One Collective, the companies announced today in news first shared with Brewbound.
Constellation Brands’ beer business recorded an +11% increase in net sales growth, to $6.75 billion, for the company’s 2022 full fiscal year. FY 2022 marked the company’s 12th consecutive year of volume growth, with +8.8% shipments (sales to wholesalers) growth and +8.9% depletions (sales to retailers) growth – amounting to an additional 30 million case equivalents, CEO Bill Newlands said during a conference call with investors.
Cleveland-headquartered Great Lakes Brewing Company has hired long-time Boulevard Brewing brewmaster Steven Pauwels as its first chief operations officer, the company announced Thursday. Pauwels’ first day with Great Lakes will be April 4, a Great Lakes spokesperson shared with Brewbound.
Pennsylvania-based Broken Goblet Brewing, Trauger Brewing and Lucky Cat Beer Co. are merging their operations to form the Mutual Respect Brewing and Distilling Collective.
Another craft brewery is up for sale as a turnkey operation. Wisconsin’s Milwaukee Brewing Company is being offered for sale by asset disposition firm New Mill Capital.
Charlottesville, Virginia-based Three Notch’d Brewing Company has acquired the former Wild Wolf Brewing Company production facility and its 13 acres of land in Nellysford, Virginia.
Newport, Oregon-based Rogue Ales and Spirits has created a charitable beer to raise money for the crisis in Ukraine, following Russia’s invasion of the country on February 24.
Breakthru Beverage Group has reached a deal to acquire J.J. Taylor Companies’ beer business in Minnesota, the companies announced today. Financial terms of the transaction were not disclosed. However, Breakthru expects the deal to close in the spring, pending customary closing conditions. Once closed, Breakthru will consolidate its beer portfolio into J.J. Taylor’s 600,000 sq…. Read more »
Squatters founders Peter Cole and Jeff Polychronis’ PRC Restaurant Company, along with boutique investment firm Sentry Financial and local investors, acquired the Salt Lake Brewing Company from CANarchy.
The rumored tie up between Constellation Brands and energy drink maker Monster Beverage is progressing and a deal could be completed in the coming weeks, according to a Bloomberg report.
Days after the BBC reported that Scottish beer maker BrewDog allegedly submitted false information to the U.S. Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau, keg labels for the two beers in question were surrendered. Meanwhile, the number of convenience stores operating in the U.S. stood at 148,026 in 2021, a 1.5% decline compared to the 150,274 stores in operation in 2020, according to NACS and NielsenIQ.
Monster Beverage Corporation co-CEOs Rodney Sacks and Hilton Schlosberg discussed their company’s acquisition of the CANarchy Craft Brewery Collective and shed light on Monster’s aspirations in the beverage-alcohol space during a conference call for investors Thursday evening following news of the sale. “We’ve been evolving a strategy to enter the alcoholic beverage market and this is, we believe, our best strategy of achieving this objective,” Schlosberg said.
Financial services firms have responded positively to the news of energy drink maker Monster Beverage Corporation striking a deal to acquire the CANarchy Craft Brewery Collective. “Overall we view this transaction as a strategic positive as it is 100% incremental to Monster’s existing business and should function as a springboard for Monster to enter the alcoholic beverage sector as CANarchy is the sixth largest craft brewer in the U.S. with seven distinct brands,” Goldman Sachs equity research analyst Bonnie Herzog wrote.
Energy drink maker Monster Beverage has reached “a definitive agreement” to acquire the CANarchy Craft Brewery Collective for $330 million in cash, the company announced today. The all cash deal is expected to close in the first quarter of 2022, pending “customary closing conditions, including regulatory approvals.” The acquisition will give Monster a foothold in… Read more »