Roseville-based Northern Brewer Homebrew Supply, the largest homebrewing supplier in the country, and its sister company Midwest Supplies have been acquired by a venture capital arm of Anheuser-Busch InBev.
The Growler first caught wind of a potential acquisition from a tip pointing us a homebrew forum last week. Since then, Beer Marketer’s Insights has reported that Northern has “partnered” with ZX Ventures, a report confirmed by ZX Ventures in an email to The Growler. The company released a statement from their Global VP of Homebrewing, Cassiano Hissnauer:
“ZX Ventures, AB InBev’s disruptive growth organization, is pleased to share we have partnered with Northern Brewer. The team there shares our passion for brewing and commitment to the best ingredients. Northern Brewer has been a leader in homebrewing for more than 20 years, and has built an extraordinary network and community of homebrewers. ZX Ventures is excited to enter the homebrew space to help Northern Brewer to grow.”
Northern Brewer’s Todd Jackson released this statement to The Growler:
We have seen tremendous growth in homebrewing in the nearly 25 years since Chris Farley founded Northern Brewing. Our community continues to expand as does the diversity of quality ingredients and equipment available. While Northern’s family has widened exponentially since 1993, we have never lost our identity. Our employees and managers come to work every day with a commitment to be the best in the industry. Period. Someday we want homebrewing to be as common a household craft in America as gardening or cooking. But we know we won’t get there through complacency.
Terms of the deal were not disclosed. Northern Brewer Founder Chris Farley has since issued a formal statement about the sale.