New Belgium selling 100% of the company to Kirin-owned Lion Little World Beverages

N ew Belgium Brewing Company, the fourth-largest craft brewery in the U.S., has reached an agreement to sell 100% of the company to the Kirin-owned Lion Little World Beverages, making the Belgian beer specialists the latest buyout in a series of major brewery acquisitions this year. According to Brewbound, the all-cash transaction will take place … [ Read more]

Lupulin Brewing Company Acquiring Hydra Beer Company, Opening Second Lupulin Taproom in Sioux Falls, SD

South Dakotans living on the South Dakota/Minnesota border have been able to get Lupulin Brewing Company’s beers at liquor stores and on tap throughout their state since April 2019, when the Big Lake, Minnesota, brewery expanded its brewhouse and partnered with Global Distributing, Inc. Soon, they’ll also be able to post up at Lupulin’s second brewery … [ Read more]

NorthGate Brewing closed, effective immediately UPDATED

By Brian Kaufenberg and Joseph Alton Updated March 1, 2018 at 10:00am: This story has been updated with information regarding the closure of NorthGate Brewing Just months after NorthGate Brewing founders confirmed they were in the process of selling the brewery to Tod Fyten, it was announced Thursday morning that the brewery is officially closed, … [ Read more]

AB InBev adding Texas craft brewery to High End Division

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]

AB InBev & SABMiller merger officially closed Monday

It’s official—Anheuser-Busch InBev (AB InBev) closed the deal on a $100 billion acquisition of SABMiller. The two global brewing giants began the process nearly a year ago, and have been clearing antitrust hurdles through divesting various brands in each of the companies’ portfolio. Most notably in the United States was SABMiller’s sale of its 58% stake in … [ Read more]

Belgium’s Brouwerij Bosteels to be purchased by AB InBev

Belgium’s Brouwerij Bosteels recently announced that it has struck a deal to be acquired by Anheuser-Busch InBev. Bosteels, a 225-year-old family-run brewery, is the latest brewery to be acquired by the Belgian-based AB InBev, which has made waves in the craft beer industry through its purchase of majority stakes in eight U.S. craft breweries since 2011. The brewery is … [ Read more]

MillerCoors acquires majority stake in Terrapin Beer Company

After previously purchasing a minority interest in early 2012, Tenth and Blake Beer Company, the craft and import division of MillerCoors, announced today an agreement to acquire a majority interest in Athens, Georgia-based Terrapin Beer Company. “Bringing Tenth and Blake on years ago allowed us to get to know each other better and realize the … [ 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]

Cigar City Brewing sells to private equity firm Fireman Capital

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]