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]
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]