Fresh off Anheuser-Busch InBev’s merger with SABMiller, the world’s largest brewer announced it is adding another craft brewery to its The High End division. Karbach Brewing Company of Houston, Texas, will be the ninth craft brewery added to The High End division, which also includes Goose Island, 10 Barrel, Elysian, and Devil’s Backbone, among others. According … [ Read more]
Germany imposes $100 million fine on price-fixing beer retailers
Antitrust officials in Germany have handed down more than €90 million ($103 million) in fines to some of the largest retailers in the country. Their investigation found collusion with the country’s AB InBev subsidiary to increase prices for popular beers (including Beck’s) several times between 2006 and 2009. They also uncovered attempts to fix prices for … [ Read more]
AB InBev to acquire Devil’s Backbone Brewing
Anheuser-Busch InBev announced today that it is acquiring Virginia-based Devil’s Backbone Brewing to add to its High End portfolio. Devil’s Backbone Brewing started in 2008 and has since built itself into one of Virginia’s leading craft breweries. Its lineup of German-style beers have raked in numerous medals and the brewery has won four national titles: 2014 Great American … [ Read more]
Dangerous Man Brewing sells majority stake to AB InBev
The ownership of Dangerous Man Brewing in Northeast Minneapolis confirmed they have sold a controlling stake in the brewery to Anheuser-Busch InBev. The move comes just three years into the popular brewery’s existence. Details of the sale were not yet disclosed. “We were hesitant at first,” admits Rob Miller, head brewer and co-founder of Dangerous Man. “But over … [ Read more]
Apparently AB-InBev owns Best Damn Brewing Co., and they make the best damn everything—just not beer
The headline of the press release reads: Best Damn Brewing Co. Debuts Best Damn Beer Gear Designed To Take The Beer-Drinking Experience To The Next Level At SXSW Interactive Festival. And then, there’s this: First thought: Who the heck is Best Damn Brewing Co.? Second thought: If you need “one-of-a-kind items designed to help people enjoy cold Best … [ Read more]
Small Brewer’s Caucus sends letter to Justice Department over AB InBev–SABMiller merger
Who says Democrats and Republicans can’t agree on anything? The Small Brewer’s Caucus in the House of Representatives sent a bi-partisan letter to the Department of Justice outlining their concerns over the Anheuser-Busch InBev acquisition of SABMiller. This after U.S. Senators Amy Klobuchar and Mike Lee led a hearing of the Senate Subcommittee on Antitrust, Competition Policy and Consumer … [ Read more]
AB InBev adds Four Peaks Brewing Company to its craft beer roster
Four Peaks Brewing Company was purchased by Anheuser-Busch InBev, bringing the company’s craft-beer count up to six, reports Beverage Daily. Goose Island Beer Company, Blue Point Brewing Company, 10 Barrel Brewing, Elysian Brewing Company, Golden Road Brewing, and now Four Peaks make up The High End, AB-InBev’s business unit for craft and import brands. Four … [ Read more]
Date Set for SABMiller, AB-Inbev Merger Hearing
U.S. Senators Amy Klobuchar and Mike Lee announced via press release today that the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights will hold a hearing on Anheuser-Busch Inbev’s proposal to purchase SABMiller on Tuesday, December 8, at 10am EST. The hearing will examine how the proposed merger of the world’s two biggest beer … [ Read more]
SABMiller Agrees to AB-InBev Terms, will Divest Stake in MillerCoors
AB InBev and SABMiller have agreed on terms of sale for an estimated £71 billion ($105 billion) merger that would fold the two companies into a new conglomerate. The new company stands to become one of the largest consumer products companies in the world, as 1/3rd of all the beer brewed on earth will fall under their corporate umbrella … [ Read more]