After nearly 20 years, Wolaver’s Fine Organic Ales — a pioneering organic craft beer brand that was acquired by Vermont’s Long Trail Brewing in 2010 — has ceased production. Citing the rising cost and availability of organic ingredients, as well as cost-prohibitive production realities, Otter Creek said it would no longer brew the nation’s first USDA-certified organic craft beer brand and will instead focus more energy on accelerating the growth of its recently rebranded Otter Creek line.
Starr Hill Brewery, one of the largest producers of craft beer in the state of Virginia, plans to open a new location in 2017. The new space, a collaborative venture with global real estate developer The Cordish Companies, will be located at the “Waterside District” marketplace currently under construction in Norfolk, VA.
In a year-end note to distributors, Adam Lambert, the former Dogfish Head sales grunt who took his talents to New Holland Brewing late last year, said the Michigan-based craft brewery would be up 24 percent in 2015. The company’s top performing brands include Dragon’s Milk bourbon barrel stout, which was up 48 percent, and Mad Hatter IPA, which was up more than 20 percent. Poet, an oatmeal stout, was also up more than 20 percent, Lambert said.
Here’s something we didn’t quite expect to hear from Brew Hub founder Tim Schoen: In the company’s $100 million quest to build out a nationwide network of five contract facilities by 2018, Brew Hub would consider acquisition, and not just construction as a means of establishing a brewing presence in the Northeast, Texas and on the West Coast.
It’s the question on every craft brewery owners mind: who’s next? After a record-breaking year that included 24 different craft brewery transactions (infographic included), it’s no longer a matter of if, but when a prominent craft beer company will announce some kind of sale. In the wake of Anheuser-Busch InBev’s holiday shopping spree — one that saw the company acquire Breckenridge Brewery, Four Peaks Brewing and Camden Town Brewery over the course of three business days — the rumor mill started churning once again. These days, the mill feels more like a turbine.
Another craft-focused contract brewing operation has entered the fray. Great Central Brewing Company (GCBC) broke ground on a new 32,000 sq. ft. contract brewing facility in Chicago last week. Scheduled for a summer 2016 opening, the brewery joins a growing list of craft-minded contract facilities established to help other small producers scale up, instead of focusing on their own in-house labels.
Anheuser-Busch InBev is making its third craft brewery purchase in the last five days, today announcing the acquisition of Colorado’s Breckenridge Brewery. Specific terms of the transaction were not disclosed and the deal is expected to close during the first quarter of 2016.
Anheuser-Busch InBev is on a holiday shopping spree. Days after it purchased Arizona’s Four Peaks Brewing, the world’s largest beer company today announced a prominent international craft acquisition: London’s Camden Town Brewery.
Anheuser-Busch has made its sixth craft brewery acquisition, today announcing the purchase of Four Peaks Brewing, the largest craft brewery in Arizona. Four Peaks will join a growing roster of craft brands, including Golden Road Brewing, Elysian Brewing, 10 Barrel Brewing, Blue Point Brewing and Goose Island, all of which are now part of what A-B calls “The High End” business unit.
Colorado’s New Belgium Brewing is reportedly for sale. Reuters, citing sources familiar with the matter, said that the employee-owned brewery, the fourth-largest in the country, could be valued at more than $1 billion. The decision to explore a sale comes as sales of products like Fat Tire, the company’s flagship, and Ranger, its IPA, are waning.
Anheuser-Busch InBev today announced it would purchase Arizona’s largest craft brewery, Four Peaks Brewing. Specific terms of the transaction were not disclosed and the deal is expected to close during the first quarter of 2016. First Beverage Group acted as the financial advisor to Four Peaks and Spencer Fane provided legal counsel.
For the first time in over a decade, Dogfish Head won’t experience double-digit production volume growth, founder Sam Calagione wrote to Brewbound. In an email, Calagione explained why the company would only be up single digits in 2015: Dogfish Head’s refusal to discount product, zero new market entries and an extended search process for the company’s new vice president of sales were all reasons, Calagione said.
Yet another craft brand is revamping its look. Michigan’s Atwater Brewing today introduced a completely redesigned brand identity and a new campaign — “Born in Detroit. Raised Everywhere.” — which is aimed at setting the brewery “further apart from their competition,” the company said in a news release.
Founders Brewing Company is once again expanding its distribution footprint out west, inking agreements with Reyes Beverage Group and Pacific Beverage for coverage throughout Southern California. Beginning in January, the Michigan-based craft brewery will begin selling its year-round and seasonal offerings in markets like San Diego, Los Angeles, Santa Barbara and San Luis Obispo.
