Archive for the 'Breweries' Category

Tenth & Blake acquires Hop Valley Brewing

Friday, July 29th, 2016

Tenth and Blake Beer Company, the craft and import division of MillerCoors, announced today an agreement to obtain a majority interest in Eugene, Ore.-based Hop Valley Brewing Company. “We are very proud of what we have achieved to date, and even more excited about the future for our company and our employees,” co-founder Chuck Hare […]

Plunging pound endangers AB InBev-Miller deal

Tuesday, July 26th, 2016

Anheuser-Busch InBev has increased its offer for SABMiller because the decline in the value of the British pound has made the deal less attractive to SABMiller shareholders. AB InBev raised the cash-only component of its offer to 44 pounds per share to 45 pounds per share. Previously it appeared the approval from the U.S. Justice […]

US OKs AB InBev-SABMiller deal

Wednesday, July 20th, 2016

Anheuser-Busch InBev has won U.S. antitrust approval for its takeover of SABMiller. Bloomberg News reports the company will sell SABMiller’s stake in MillerCoors and refrain from practices that restrict distribution of smaller, competing brands, according to a court filing Wednesday in Washington. AB InBev will be required to seek DOJ review of any future acquisitions […]

Miller takes majority stake in Terrapin Beer

Wednesday, July 20th, 2016

Tenth and Blake Beer Company, a division of MillerCoors, announced an agreement to acquire a majority interest in Terrapin Beer Company. Tenth and Blake has owned a minority interest in the Georgia brewery since 2012. “Bringing Tenth and Blake on years ago allowed us to get to know each other better and realize the incredible […]

Newest Game of Thrones beer called Valar Dohaeris

Tuesday, July 19th, 2016

Brewery Ommegang has introduced the newest beer in its Games of Thrones series and will also bring back another. Valar Dohaeris Tripel Ale is the latest beer in the series, and will be available in a variety of different packages as well as alongside previously released sister-brew Valar Morghulis. Fans of Game of Thrones know […]

Lagunitas buys stake in three smaller breweries

Wednesday, June 29th, 2016

Lagunitas Brewing announced that it is taking a stake in three breweries in different parts of the country and it will open up buildings in Portland, Oregon, and San Diego that nonprofits can use for fundraisers. Financial terms of the investments were not disclosed. The purchases were all funded by Lagunitas and did not require […]

Ballast Point to build Virginia brewery

Tuesday, May 24th, 2016

Virginia Governor Terry McAuliffe announced today that Ballast Point Brewing and Spirits will invest $47.8 million to establish an East Coast brewing operation in Botetourt County. “I am thrilled to announce that Ballast Point Brewing and Spirits will join the Commonwealth’s world-class, award-winning roster of craft breweries,”the governor said in a press release. “Winning this […]