Mergers & Acquisitions

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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Featured Mergers & Acquisitions Content

Reyes Adds 38M Cases as RNDC Deal Now Complete in 11 Markets

Reyes Adds 38M Cases as RNDC Deal Now Complete in 11 Markets

The first major piece of RNDC’s territory fire sale is now complete. Reyes’ mega deal for 11 RNDC markets closed at the end of business on Friday, adding 38 million cases to its more than 360-million-case business.

Manhattan to Acquire ‘Collection’ of RNDC’s Wine & Spirits Brand Rights in NY

Manhattan to Acquire ‘Collection’ of RNDC’s Wine & Spirits Brand Rights in NY

More dominos continue to fall as RNDC’s territory sell off continues. Leaders with Manhattan Beer & Beverage Distributors announced an agreement to acquire “distribution rights for a collection of wine and spirits brands” from RNDC’s New York joint venture with Opici Family Distributing.

Additional Content

Icicle Brewing Founders Sell Brewery to Hop Farmer Cousins

Icicle Brewing Founders Sell Brewery to Hop Farmer Cousins

Icicle Brewing founders Pamela and Oliver Brulotte will retire after selling their stake in the Leavenworth, Washington-based craft brewery.The Brulottes didn’t need to look far for the brewery’s new owners. Hop farmers Shelley and Eric Desmarais – the latter of whom is Oliver Brulotte’s second cousin – will acquire the majority interest in Icicle.

Reyes CEO Tom Day Talks Mega RNDC Deal, Shopping for More Distributors In & Out of Beer

Reyes CEO Tom Day Talks Mega RNDC Deal, Shopping for More Distributors In & Out of Beer

The Reyes Beverage Group’s 50th year is its biggest yet. The nation’s largest beer distributor completed the biggest acquisition in company history last week for 11 RNDC markets, making it the No. 3 wine and spirits distributor in the U.S. And the company’s dealmaking ambitions aren’t close to done – in and out of beer.

Tilray to Sell Atwater Back to Former Owner Mark Rieth

Tilray to Sell Atwater Back to Former Owner Mark Rieth

Atwater Brewery will soon be back in familiar hands. The Detroit, Michigan-based craft brewery’s former owner Mark Rieth has signed a “definitive agreement” to reacquire Atwater from Tilray Brands.

Right Coast’s Italian Ice Heats Up at Retail, Kicks off 3rd Summer in 23 States

Right Coast’s Italian Ice Heats Up at Retail, Kicks off 3rd Summer in 23 States

Entering its third summer, Right Coast Spirits’ Italian Ice is riding high. The ready-to-drink (RTD) bottled cocktail more than doubled year-over-year (YoY) during summer 2025, increasing volume 101% compared to summer 2024, Right Coast director of commercial strategy Jon Schwartz told Brewbound.

TJ Sheehan Distributing to Acquire Eagle Beverage in Central NY

TJ Sheehan Distributing to Acquire Eagle Beverage in Central NY

A pair of independent red network distributors struck a deal in Central New York. Sheehan Family Companies subsidiary T.J. Sheehan Distributing is set to acquire Eagle Beverage Company, adding around 3 million cases to its business.

Bale Breaker Buys Cloudburst Brewing in Founder-Friendly Deal

Bale Breaker Buys Cloudburst Brewing in Founder-Friendly Deal

An acquisition that “just feels right to everyone” is in the works in Washington, Bale Breaker Brewing co-owner Kevin Quinn told Brewbound. Yakima, Washington-based Bale Breaker has struck a deal to acquire Seattle’s Cloudburst Brewing as its founder Steve Luke prepares to move to New Zealand, where his wife has taken a job.

The Wine Group Acquires Phony Negroni Maker St. Agrestis

The Wine Group Acquires Phony Negroni Maker St. Agrestis

Brooklyn-based non-alcoholic beverage maker St. Agrestis, best known for its Phony Negroni line of bottled RTD mocktails, has been acquired by The Wine Group (TWG) for an undisclosed sum.

Brown-Forman and Pernod Ricard Terminate Deal Talks

Brown-Forman and Pernod Ricard Terminate Deal Talks

The will-they, won’t-they between Brown-Forman and Pernod Ricard has ended with an emphatic they won’t. The spirits giants announced today they “were unable to reach mutually agreeable terms,” ending discussions regarding a potential combination of their businesses.