Archive for the 'Breweries' Category

Craft beer retail sales pass $23 billion

Tuesday, March 22nd, 2016

Craft brewery production volume grew 13% in 2015 and sales volume 16%, leaving craft beer with a 12% share of the overall beer industry. Craft brewers — as defined by the Brewers Association — produced 24.5 million barrels in 2015 and sales of $22.3 billion of represent 21% all retail sales. “For the past decade, […]

Victory, Southern Tier form alliance

Tuesday, February 16th, 2016

Mid-Atlantic breweries Victory Brewing Company and Southern Tier Brewing Company announced an alliance under a under parent company Artisanal Brewing Ventures (ABV). A press release stated, “This new strategic framework between ABV, Victory and Southern Tier provides capital, security and vision for the future. ABV, formed to unify independent craft brewers and distillers, embraces the […]

A-B shopping spree continues with Breckenridge acquistion

Tuesday, December 22nd, 2015

Anheuser-Busch today announced it will acquire Colorado-based Breckenridge Brewery. Breckenridge Brewery is the seventh craft brewery to join The High End, Anheuser-Busch’s business unit of craft and import brands. Goose Island Beer Company, Blue Point Beer Company, 10 Barrel Brewing, Elysian Brewing Company, Golden Road Brewing and Four Peaks Brewing Company are the others. A-B […]

A-B acquires Four Peaks Brewing

Friday, December 18th, 2015

Anheuser-Busch has acquired Arizona-based Four Peak Brewing, the sixth craft brewery it has added to The High End, the company’s business unit for craft and import brands. “For 20 years we’ve had more amazing experiences than I can count doing what we love to do most – brewing great beer and sharing it with a […]

Constellation buys Ballast Point for $1 billion

Monday, November 16th, 2015

Constellation Brands has reached an agreement to acquire San Diego-based Ballast Point Brewing & Spirits for approzimately $1 billion, according to a company press release. Ballast Point is one of the fastest growing craft beer companies in the U.S., its best sellers being Sculpin IPA and Grapefruit Sculpin IPA. The press release states, “The partnership […]

AB InBev ‘first truly global brewer’

Wednesday, November 11th, 2015

As expected, AB InBev announced that as part of the final agreement to buy SABMiller for $107 billion that SABMiller will sell its 58% share of its venture with Molson Coors to that company for $12 billion. That deal includes rights to the Miller brand name and gives Molson Coors full control of operations. The […]

The giant gets bigger – AB InBev buys SABMiller

Tuesday, October 13th, 2015

Anheuser-Busch InBev announced it has struck a deal with SABMiller to take over the brewer at £44 ($67.63) a share, about 14% higher than its initial offer last month. Reuters puts the value of the takeover proposal at $104.48 billion. The combined company would have 31% of the global beer market. Heineken, the next biggest […]