Archive for the 'Breweries' Category

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 […]

New Belgium to operate small Denver brewery

Tuesday, July 21st, 2015

Fort Collins-based New Belgium Brewing has announced it will operate a 10-barrel brewery The Source Hotel in Denver’s River North District. New Belgium will brew on the ground floor of the Source Hotel, with barrel aging on the eight floor in a rooftop lounge, called “The Woods”, a collaboration between New Belgium and The Source […]

Odell Brewing chooses employee ownership

Tuesday, July 21st, 2015

Doug, Wynne and Corkie Odell are selling Odell Brewing Company, the Colorado brewery they started in 1989, to their employees. They announced Monday that they have sold 19 percent to a newly-formed employee stock option plan (ESOP), in which all 115 workers participate. A majority of the company’s stock has been sold to the Odells’ […]

Duvel, Firestone Walker combine US companies

Thursday, July 16th, 2015

Belgian-based Duvel Moortgat and California’s Firestone Walker Brewing Company and have announced they will combine their two companies in the United States. FW founder David Walker and Adam Firestone and Michel Moortgat, CEO of Duvel Moortgat, signed an agreement earlier this week, and the transaction is expected to close later this year. Because it is […]

Left Hand Brewing establishes ESOP

Wednesday, July 1st, 2015

Left Hand Brewing announced today it has established an Employee Stock Ownership Plan (ESOP). Under the Colorado brewery’s employee ownership plan, the brewery will contribute stock to the ESOP trust with each eligible employee receiving an annual allocation. “Our intent is to reward employees and foster an ownership mentality, encouraging team members to contribute to […]