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. .