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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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.
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.
Firestone Walker and Duvel USA have inked a “definitive agreement” to acquire the Stone Brewing brand from Sapporo USA.
Modern Times Beer and Ashland Hard Seltzer parent company Wings & Arrow has named Wes Van De Vort as CEO.
Young Lion Gets New Owner; Ex-Employee Sues Legion Brewing; Samuel Adams Drop a Cherry Bomb; Budweiser Drops Super Bowl LX Ad; People Moves at Holidaily, Bell’s; Athletic’s Bill Shufelt on Bold Names; Womrtown’s Patriot Place Taproom Gets a ‘Glow Up.’
Pac-Northwest wholesaler Columbia Distributing has struck a deal to acquire Point Blank Distributing, adding around 1 million cases to its annual case load of 60 million cases.
A pair of Nashville breweries are linking up. Jackalope Brewing has struck a deal to acquire Black Abbey Brewing. Under Jackalope’s stewardship, “Black Abbey’s distinct brewing identity and well-loved beers” will live on, according to the announcement.
A craft beverage platform is taking shape in San Diego. Latitude Brewing, the umbrella that includes Latitude 33 and Thorn Brewing, has acquired the House of Mason brand platform (Mason Aleworks, Eppig Brewing, Second Chance Beer Co., Castellum Ciders, Old Harbor Distilling and Swell Soda).
Check out these news items that were initially reported in the Brewbound Insider Newsletter January 12-14, including headlines from Molson Coors, Anheuser-Busch, Oskar Blues and more.
In the post-pandemic era of off-premise reliance, total beverage consumer habits and inflated costs of goods, craft brands have had to reevaluate their business strategies and band together to help return the segment to growth.
Reyes Beverage Group is “in active discussions” with Republic National Distributing Company (RNDC) “regarding potential business transactions” in six states, as well as Washington, D.C., a spokesperson confirmed to Brewbound today.
Seattle Cider’s production facility and taproom will close next month, the company announced today in a press release officially announcing the sale of the Seattle Cider brand to fellow Pacific Northwest craft cider 2 Towns Ciderhouse.
2 Towns Ciderhouse is preparing to add one more town to its name. The Corvallis, Oregon-based hard cider maker will acquire Seattle Cider’s brand, joining two of the most prominent cider names in the Pacific Northwest.
A “leading global beverage company” has made a $14 million strategic investment in InvestBev Capital’s flagship Fund V, the private equity firm announced today.
New funding could be a sign of optimism from the investor class as hemp-derived THC drinks await regulatory clarity.
We’ve compiled our most read stories of the past year, and one company dominated the headlines (with not the sunniest lineup of news): Anheuser-Busch InBev (A-B).
After five years in operation, Spirited Away, the first non-alcoholic (NA) bottle shop in the U.S., has a new owner.
