A year and a half after guiding Stone Brewing through its acquisition by Sapporo, CEO Maria Stipp is moving on. Stipp joined the Escondido, California-based craft brewery in September 2020 following the departure of her predecessor Dominc Engels earlier that summer. She steered Stone, the seventh-largest independent craft brewery in the country by volume at… Read more »
As Stone Brewing begins a new era under the ownership of Sapporo, the Escondido, California-headquartered craft brewery is focused on driving growth of Delicious IPA by building out the brand as a family in 2023.
Sapporo’s $165 million acquisition of Stone Brewing officially closed Wednesday, August 31, giving the Japanese beer maker one of the top 10 craft breweries by volume in the U.S. in 2021 and the 18th largest brewing operation overall.
Sapporo’s acquisition of San Diego-based Stone Brewing Company will support a large expansion of the Japanese beer maker’s U.S. beer sales and production, according to a supplementary explanatory materials document filed by Sapporo Holdings.
Following the news that Stone Brewing Company is in the process of being sold to Japan’s Sapporo Holdings for $165 million, Stone CEO Maria Stipp and director of public relations and communications Lizzie Younkin spoke with Brewbound Friday morning about the proposed deal.