The proposed mega-merger of SABMiller and Anheuser Busch-InBev, along with the related sale of SAB’s stake in MillerCoors to Molson Coors, is currently under review by the Department of Justice Antitrust Division. The International Brotherhood of Teamsters has recently weighed in on a specific aspect of the merger—urging U.S. Attorney General Loretta Lynch to address what they say … [ Read more]
Dangerous Man Brewing sells majority stake to AB InBev
April 1, 2016 by Leave a Comment
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]
Cigar City Brewing sells to private equity firm Fireman Capital
March 14, 2016 by Leave a Comment
Brewbound reports that Tampa, Florida’s, Cigar City Brewing has agreed to sell a controlling interest to Boston-based private equity firm Fireman Capital Partners, which already owns majority stakes in Oskar Blues, Perrin Brewing, and the Utah Brewers Cooperative outfit that includes the Wasatch and Squatters brands. Together, the five craft breweries make up what the firm … [ Read more]
Small Brewer’s Caucus sends letter to Justice Department over AB InBev–SABMiller merger
February 23, 2016 by Leave a Comment
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]
Victory and Southern Tier merging, now held by Artisanal Brewing Ventures
February 16, 2016 by Leave a Comment
Mergers and acquisitions have become dirty words in the world of craft beer, but unique alliances like the one Victory Brewing Company and Southern Tier Brewing Company just inked are likely the new norm in this growing industry. The two respected craft beer companies will merge under a new holding company by the name of Artisanal Brewing Ventures … [ Read more]
Untappd announces merger with Next Glass
January 15, 2016 by Leave a Comment
Untappd, the mobile app that tracks what and where users are drinking, announced today that it is merging with Next Glass, an app where users rate what they’re drinking and their rating is analyzed based on that drink’s chemistry in order for it to recommend new beers and wines to try. The merger comes after … [ Read more]
Wirtz Beverage merges, rebrands as Breakthru Beverage Group
January 5, 2016 by Leave a Comment
Wirtz Beverage Co. has completed their long-planned merger with Charmer Sunbelt and is now officially operating as Breakthru Beverage Group, the company announced via press release Monday. The new company, which distributes Ballast Point, Green Flash, and Samuel Adams in Minnesota, among many other national and local craft beers, wines, and spirits, will operate in 19 markets … [ Read more]
Date Set for SABMiller, AB-Inbev Merger Hearing
December 2, 2015 by Leave a Comment
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]
AB InBev reaches $104.2 billion deal to acquire SABMiller
October 13, 2015 by Leave a Comment
After weeks of negotiations, Anheuser-Busch InBev and SABMiller have agreed to a $104.2 billion acquisition deal today. If the merger is approved by shareholders and regulators, it would be the largest acquisition in beer and a top-five acquisition overall. To avoid anti-trust laws, SABMiller will likely have to divest portions of its company to get the … [ Read more]
A-B InBev and SABMiller talk merger – again
September 16, 2015 by Leave a Comment
In response to media speculation about a possible deal, SABMiller confirmed this morning that Anheuser-Busch InBev has made known its intention to acquire the company, CNBC reports. In a statement, SABMiller said that no proposal had yet been received from A-B InBev but that it would respond as appropriate once an offer is made. The news mirrored stories … [ Read more]
Bent Brewstillery Merges with Pour Decisions Brewing
January 2, 2014 by Leave a Comment
By Brian Kaufenberg Bent Brewstillery and Pour Decisions Brewing are making a joint new year resolution to grow stronger—and it’s not with a new gym membership. One-year-old Pour Decisions and just released Bent Brewstillery announced that on January 1st they have merged into one company under the name Bent Brewstillery. In pooling their resources, Bartley Blume … [ Read more]
