A-B acquires Devils Backbone Brewing

April 12th, 2016 | Posted by Real Beer

Anheuser-Busch announed it has struck a deal to acquire Virginia’s Devils Backbone Brewing Co. The sale is set to close in the second quarter, A-B said. Financial terms were not disclosed.

Devils Backbone’s flagship beer is Vienna Lager, which accounted for about 60% of its sales last year. Devils Backbone joins what A-B calls The High End division. The High End includes including Goose Island Beer Co., Blue Point Brewing, 10 Barrel Brewing, Elysian Brewing, Golden Road Brewing, Virtue Cider, Four Peaks Brewing and Breckenridge Brewery.

“While we are joining a creative group of craft breweries in the division, Devils Backbone will retain a high level of autonomy and continue its own authentic DNA within The High End framework,” Devils Backbone founder and CEO Steve Crandall said in a statement. He also said the existing management team plans to remain with the brewer.

Devils Backbone operates the Outpost Brewery & Taproom in Lexington, where its primary production brewery is located. The brewer also operates its Basecamp Brewpub & Meadows in Roseland. Those two breweries have won 19 medals at the Great American Beer Festival since 2012.

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BA releases annual ‘Top 50’ list

April 5th, 2016 | Posted by Real Beer

The Brewers Association has released its annual lists of the top 50 craft and overall brewing companies in the U.S., based on beer sales volume. Of the top 50 overall brewing companies, 43 were craft brewing companies (according to the BA definition).

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“The top U.S. brewers continue to drive demand, growth, innovation and exponential interest in beers from small and independent brewers,” said Ba chief economist Bart Watson. “With a historic record number of breweries in U.S., the top brewers continue to open new markets and expose beer drinkers to a variety of fuller-flavored styles and offerings.”

For more information, including the overall list, visit the Brewers Association website.

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Deschutes headed to Roanoke, Virginia

March 22nd, 2016 | Posted by Real Beer

Deschutes Brewery announced that after a long search it has chosen Roanoke, Virginia, as the location for its East Coast brewery. The new facility will begin shipping beer in about five years.

The company is calling the future brewery “Brew 4.” The original brewpub in downtown Bend, Oregon, is Brew 1, the production facility in Bend Brew 2, and a brewpub in Portland Brew 3. Construction on Brew 4 will begin in 2019, and its initial capacity will be about 150,000 barrels.

“We started Deschutes Brewery when craft beer wasn’t burgeoning and led with a beer style that wasn’t popular at the time – Black Butte Porter,” said fouder and CEO Gary Fish. “This pioneering approach was a key driver behind our decision to go with Roanoke, as that same spirit exists in this community and its fast-growing beer culture.”

Deschutes opened in 1988. The brewery produced 345,000 barrels in 2015.

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Craft beer retail sales pass $23 billion

March 22nd, 2016 | Posted by Real Beer

Craft brewery production volume grew 13% in 2015 and sales volume 16%, leaving craft beer with a 12% share of the overall beer industry.

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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, craft brewers have charged into the market, seeing double digit growth for eight of those years,” BA chief economist Bart Watson said for a press release. “There are still a lot of opportunities and areas for additional growth. An important focus will remain on quality as small and independent brewers continue to lead the local, full-flavored beer movement.”

The numbers are preliminary and the Brewers Association will release the list of Top 50 craft brewing companies and overall brewing companies by volume sales on April 5.

For information about the methodology in the collecting the numbers and about the BA definition of craft brewer, visit the association website.

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Victory, Southern Tier form alliance

February 16th, 2016 | Posted by Real Beer

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 collaborative craft spirit while administering crucial growth resources. As a key partner in this formation, Arlington Capital Advisors acted as exclusive financial consultant to Victory. The transaction is expected to close within the next 60 days.”

Victory and Southern Tier will independently operate their breweries, which have a joint capacity of over 800,000 barrels. This alliance creates one of the largest brewers in the Northeast and ranks within the top 15 craft brewing companies in the United States with combined

“The craft beer community is at its most critical moment since its inception as larger brewing corporations have bought into our grassroots movement, irrevocably changing the marketplace. Like-minded brewers such as Victory and Southern Tier can preserve our character, culture and products by banding together,” Victory co-founder Bill Covaleski said for a press release. “Allied we can continue to innovate and best serve the audience who fueled our growth through their loyal thirst.”

The Victory and Southern Tier leadership teams and employees will remain intact. Covaleski and Victory co-founder Ron Barchet will join the Artisanal Brewing Ventures’ Board of Directors. CEO John Coleman and CFO Bill Wild will lead ABV’s management team.

“This is exactly the kind of alliance we imagined when we created Artisanal Brewing Ventures in 2014,” said Phin DeMink, founder of Southern Tier Brewing Company. “This is a concept that was specifically designed by and for craft brewers, so we can focus on the things we’re best at while creating meaningful scale advantages. I’m proud to see this model validated and am grateful that my friends Ron and Bill have become our partners.”

“I look forward to guiding these two truly great organizations forward as they collaborate, innovate and share best practices.” Coleman said. “I believe this is a watershed transaction for the craft brewing world.”

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A-B shopping spree continues with Breckenridge acquistion

December 22nd, 2015 | Posted by Real Beer

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 announced that it has acquired Four Peaks only Friday, and in the interim A-B InBev bought Camden Town Brewery in London.

“We’re excited about the partnership and have been encouraged to continue on our path and become more innovative moving forward,” Breckenridge president Todd Usry said in a press release. “I’m a believer in what The High End is focused on accomplishing and we are flattered that our team was chosen to help guide that journey. We’re looking forward to utilizing resources like decades of research and brewing expertise as we continue to create new beers.”

Available in 35 states, Breckenridge Brewery will sell approximately 70,000 barrels of beer in 2015. The partnership includes the company’s new production brewery and Farm House restaurant in Littleton, and original brewpub and current innovation center in the mountain town of Breckenridge.

The current management group, Breckenridge-Wynkoop, will continue to own and operate its remaining businesses including: Ale House at Amato’s in Denver; Breckenridge Ale House in Grand Junction; Breckenridge Colorado Craft in Denver; The Cherry Cricket in Denver; Mainline in Fort Collins; Phantom Canyon Brewing Co. in Colorado Springs; and Wynkoop Brewing Company in Denver.

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A-B acquires Four Peaks Brewing

December 18th, 2015 | Posted by Real Beer

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 growing craft community in Arizona that has supported us from day one,” Andy Ingram, Four Peaks co-founder, said in a press release announcing the deal. “We’re excited to join the enthusiastic team and tap into their resources to expand our footprint and share our beer with even more people moving forward.”

Four Peaks will join Goose Island Beer Company, Blue Point Brewing Company, 10 Barrel Brewing, Elysian Brewing Company and Golden Road Brewing in The High End portfolio.

The deal includes the company’s three primary locations: the 8th Street Brewery & Pub in Tempe; the Wilson Street Brewery & Tasting Room in Tempe; and the Grill & Tap in Scottsdale, in addition to continuing their partnership at the Sky Harbor Airport facility. Anheuser-Busch’s acquisition of Four Peaks is expected to close during the first quarter of 2016. Terms of the agreement were not disclosed.

The Arizona Craft Brewers Guild is currently is assessing the impact of this announcement.

“Many of our members are personally happy for the owners and employees of Four Peaks Brewing Company. Consolidation, however, represents a threat to local breweries because it affects our ability to gain access to markets, raw ingredients and resources,” the guild stated in a press release. .

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