Archive for the 'Breweries' Category

A-B adds Texas brewery to High End portfolio

Thursday, November 3rd, 2016

Anheuser-Busch announced Texas brewery Karbach Brewing Co. is the newest addition to The High End, the business unit within A-B that focuses on its craft and import brands. Ken Goodman and longtime business partner Chuck Robertson said existing management and brewers will remain in place and the Houston company will retain much of its independence […]

In St. Louis, a new brewery from an old name

Wednesday, September 28th, 2016

Griesedieck Brothers, one of the most famous names in St. Louis brewing history, plans to build a new brewery in the city. Eighth generation brewer Raymond A. Griesedieck and his son, Bob, expect to begin brewing in the Baden neighborhood by the middle of next year. The family’s brewing roots trace back to 1766 when […]

Beer mega deal complete

Wednesday, September 28th, 2016

SABMiller shareholders have approved the $100 billion deal that allows the company to be taken over by Anheuser-Busch InBev. AB InBev shareholders previously backed the transaction. “We are committed to driving long-term growth and creating value for all our stakeholders,” Carlos Brito, chief executive of AB InBev, said in a statement. Regulators around the world […]

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 […]