Archive for the 'Breweries' Category

Dogfish Head sells stake to private equity firm

Tuesday, September 29th, 2015

Dogfish Head Craft Brewery announced today it has sold a 15 percent stake in the company to a New York-based private equity firm, LNK Partners. In announcing the deal, Dogfish Head co-founder Sam Calagione said his company plans to eventually repurchase LNK’s share. The cash infusion now will allow Dogfish Head to continue growing. The […]

Green Flash brewmaster leaves to start on brewery

Monday, September 28th, 2015

Chuck Silva his resigned his post as brewmaster and vice president of brewing operations at Green Flash Brewing Co. Here are the details from a press release: Effective immediately, (Silva) will be funneling his energies into the establishment of his very own craft brewing operation at a yet-to-be-determined location in California‚Äôs San Luis Obispo County. […]

A-B buys Golden Road Brewing

Wednesday, September 23rd, 2015

Anheuser-Busch announced today it is acquiring Golden Road Brewing, the largest craft brewery in Los Angeles County. It is the fourth smaller brewery A-B has purchased since it first bought Goose Island Beer Co. In 2014 it acquired Blue Point Brewing, 10 Barrel Brewing and Elysian Brewing. In addition,s last month Goose Island subsidiary bought […]

A-B InBev makes offer to buy SABMiller

Wednesday, September 16th, 2015

Anheuser-Busch InBev revealed today it has made an offer to SABMiller to unite the world’s largest beer makers. The combined company would have a market capitalization of some $275 billion and be by far the largest brewer in the world, controlling about one third of the world market. Any such deal would be carefully scrutinized […]

MillerCoors acquires San Diego brewery

Thursday, September 10th, 2015

Tenth and Blake, the craft and import division of MillerCoors, announced today an agreement to acquire a majority interest in Saint Archer Brewing Company. Here’s the rest of the press release: Founded in San Diego in 2013 by a talented group of entrepreneurs, artists, skateboarders and surfers, Saint Archer brews an award-winning range of ales […]

Heineken buys 50% of Lagunitas

Tuesday, September 8th, 2015

Brewing giant Heineken and Lagunitas Brewing turned the beer world sideways today when they announced that Heineken has acquired a 50 percent shareholding in Lagunitas. First the press release, and then a bit more from Lagunitas founder Tony Magee: Heineken N.V. today has announced the acquisition of a 50% shareholding in the Lagunitas Brewing Company, […]

Craft beer production up 16%

Monday, July 27th, 2015

The craft brewing industry has continued a strong pace of growth in the first half of 2015, according to new mid-year data released by the Brewers Association. American craft beer (as defined by the BA) production volume increased 16% during the first half of the year. From January through the end of June 2015, approximately […]