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

Harpoon and Smuttynose Parent Companies Merge to Form Barrel One Collective

Harpoon and Smuttynose Parent Companies Merge to Form Barrel One Collective

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.

Additional Content

Sprecher Brewing Company Sold to Milwaukee Investor Group

Sprecher Brewing Company Sold to Milwaukee Investor Group

A Milwaukee-based investor group has acquired the 35-year-old Sprecher Brewing Company. Sharad Chadha is leading the investor group, which includes former MillerCoors general manager Jim Kanter, who will serve on the brewery’s leadership team.

Molson Coors to Acquire Detroit’s Atwater Brewery

Molson Coors to Acquire Detroit’s Atwater Brewery

Molson Coors Beverage Company’s craft arm, Tenth and Blake, has reached an agreement to acquire Detroit, Michigan-based Atwater Brewing. Terms of the deal were not disclosed but the deal is expected to close in the next couple of months.

Reyes to Acquire Claypool Distributing in California

Reyes to Acquire Claypool Distributing in California

The Reyes Beverage Group is making another wholesaler purchase in California. Reyes’ Crest Beverage subsidiary announced Monday an agreement to acquire all of the assets of Imperial, California-based Claypool Distributing.

Brewbound Live 2019: Cascadia Capital’s Nicole Nugent Fry Reviews 2019 Beer Industry M&A and Looks Ahead to 2020

Brewbound Live 2019: Cascadia Capital’s Nicole Nugent Fry Reviews 2019 Beer Industry M&A and Looks Ahead to 2020

Mergers and acquisitions in the craft beer industry have evolved from a peak period of large corporate brewery buyouts to craft-on-craft deals and multi-brand craft roll ups, Cascadia Capital managing director Nicole Nugent Fry discussed during her presentation earlier this month at the Brewbound Live business conference in Santa Monica.

Brewery Ownership Update: Fish Has New Owners; Granite City Files for Chapter 11

Brewery Ownership Update: Fish Has New Owners; Granite City Files for Chapter 11

Olympia, Washington-based Fish Brewing Company announced Tuesday that it has been sold to Josh Carrigan and Kate Craig after entering receivership earlier this year, the Olympian reported. Bloomington, Minnesota-headquartered Granite City Food & Brewery announced Tuesday that it has filed for Chapter 11 bankruptcy. The owners of Barley Forge Brewing agreed on Wednesday to sell their business to the owners of Green Cheek Beer Co.

Last Call: Alabama Breweries Merge; Truly Hard Seltzer to be Available on American Airlines Flights; Local Roots Acquires Latitude 33’s Facility

Last Call: Alabama Breweries Merge; Truly Hard Seltzer to be Available on American Airlines Flights; Local Roots Acquires Latitude 33’s Facility

Alabama’s Straight to Ale and Druid City Brewing merge. Truly Hard Seltzer will be offered on American Airlines flights. Kombucha brewer Local Roots acquires Latitude 33’s production facility. Anheuser-Busch InBev returns as official beer sponsor of the NHL and launches larger partnership with the NBA’s Brooklyn Nets.

Investor John Gallegos Becomes Majority Owner of SouthNorte Beer Co.

Investor John Gallegos Becomes Majority Owner of SouthNorte Beer Co.

California businessman John Gallegos has increased his investment in SouthNorte Beer Company, buying out Coronado Brewing’s minority stake in the brand and making him the majority owner of the San Diego, California-based microbrewery. SouthNorte was founded in 2016 as a partnership between Gallegos, San Diego-based Coronado Brewing, SouthNorte head brewer Ryan Brooks and Brandon Richards, the former CEO of SouthNorte and Coronado and the current president of AleSmith Brewing Company.

Foolproof Brewing Founder Lists Rhode Island Craft Brewery for Sale

Foolproof Brewing Founder Lists Rhode Island Craft Brewery for Sale

After seven years, Foolproof Brewing founder Nick Garrison is seeking a buyer for his Pawtucket, Rhode Island-based craft brewery. Foolproof’s assets include its 30-barrel brewhouse and 1,000 sq. ft. taproom, as well as the building and land the brewery sits on.