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.
In one of the more surprising M&A transactions thus far this year, Lynne Weaver and CANarchy went public Friday with plans for the Three Weavers founder and a group of investors to buy back the Inglewood, California-based craft brewery.
Craft rollup CANarchy Craft Brewery Collective and Three Weavers Brewing Company founder Lynne Weaver have reached an agreement in which Weaver and her investment group will reacquire the Inglewood, California-based craft brewery, the company announced today.
Athletic Brewing, a non-alcoholic (NA) craft beer maker, raised $50 million in a Series C funding from investors, spearheaded by the Alliance Consumer Growth (ACG) and TRB advisors, which concluded on May 11.
Portfolio holding company Seattle Hospitality Group (SHG) has invested in Seattle’s Pike Brewing Company.
The founders of Ninkasi Brewing Company have reacquired the majority stake in the business they sold in April 2019 to Legacy Breweries.
Legacy Breweries, the craft brewery investment rollup led by beer industry veteran Don Bryant, has set its sights on Colorado, where its Aspen Brewing has struck a deal to acquire Capitol Creek Brewery.
The deal, which is expected to close June 1, will link Aspen-based Aspen Brewing, which Legacy acquired in 2019, and Basalt-based Capitol, giving the two craft breweries a combined 10,000 barrels of production capacity to serve both breweries’ on-site pubs.
Sparkling tequila soda brand Onda has closed a $5 million Series A round of funding led by Aria Growth Partners and beverage entrepreneur Clayton Christopher, the company announced last week.
Cannabis firms Tilray, Inc. and Aphria, Inc. announced today the completion of their previously agreed upon merger, creating what they say will be “the world’s largest global cannabis company.”
Firestone Walker has reached a deal to acquire the Cali-Squeeze brand from SLO Brewing Co. Firestone Walker added that it has been “historically reluctant to develop beers outside the traditional footprint.” Nevertheless, the company has toyed with fruited beers but ultimately “recognized that Cali-Squeeze already had everything we were looking for.”
Molson Coors Beverage Company announced today that it will make an equity investment in TRU Colors Brewery, a Wilmington, North Carolina-based craft brewery with a mission to end street violence.
The U.S. Department of Justice (DOJ) has dismissed concerns raised over Craft Brew Alliance’s (CBA) sale of Kona Brewing’s Hawaii operations to private equity firm PV Brewing, according to a March 17 response brief to public comments filed by the state attorney general and Maui Brewing Company founder and CEO Garrett Marrero.
A consortium of investors has reached a deal to acquire 100% ownership of City Brewing, the largest beverage alcohol co-packer in the U.S., and also acquire the former Molson Coors production brewery in Irwindale, California, from Pabst Brewing Company.
Irish cider and beer maker C&C Group has sold Woodchuck Cider maker Vermont Cider Company (VCC) to Northeast Drinks Group, a privately owned holding company.
“We obviously had grown so quickly that I just knew there was going to be an extent at how much we could realistically scale the business on our own, just due to our existing infrastructure, our own resources, and, quite frankly, even our kind of experience,” Far West Spirits founder Katie Beal Brown told Brewbound.
