Tavern Propco, a private fund owned by Davidson Kempner Capital Management, has bought 370 pubs and commercial assets from Ei’s portfolio in a £348 million deal that leaves the pub giant with just 42 properties and money to service some of its £2 billion debt.
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Orange You Glad for More Juicy IPAs? — A Look at 2018’s Hop Report
In news that won’t surprise any hop enthusiasts, 2018 was a big year for the modern IPA
In an industry where the lupulin love continues to move toward all things juicy, fruity, and tropical, the continued ascension of Citra—now one of the country’s most beloved and harvested hop varieties—reflects broader changes in how hops find their way from the field to the glass. In its latest year-end report, the USDA shared a variety of figures that shed light on recent shifts in hop trends and production (and obliquely revealed how breweries are looking to keep beer drinkers excited).
KC brewer can’t get beer canned amid shutdown, so he’ll give it away to federal workers
Craft breweries across the country cannot sell their new IPAs or lagers in cans or bottles because an obscure agency within the Treasury Department, the Alcohol and Tobacco Tax and Trade Bureau, is shuttered. That’s the entity that has to sign off on product labeling, making sure it includes the necessary details about alcohol content and health warnings and no unsubstantiated claims.
Via: KansasCity.com
Costco Pulls Kirkland Signature Light Beer from Shelves
Famous for costing only $22 (£17.40) for a 48 pack, coming out at less than $0.50 per can, the beer will not be sold in Costco anymore.
According to a report on in The Takeout on 12 December, the beer has been pulled from shelves all over the US.
Colorado’s unusual booze rules are set to change
On Jan. 1, after years of debate, Colorado’s unusual booze rules are set to change. The state will effectively erase its 3.2 beer law, a Prohibition-era restriction that prevented most general stores from selling full-strength beer.
Among other changes coming into effect.
Via the Denver Post
Why Companies That Have No Business Making Beer Are Suddenly Selling Their Own Brews
The wave started with Blockbuster, back in September. The almost-defunct video store’s swan song had nothing to do with movies, but rather beer: The last standing location collaborated with its Bend, OR, neighbor 10 Barrel Brewing on a black ale appropriately named The Last Blockbuster. Less than two weeks later, Dunkin’ Donuts released a coffee porter with fellow Massachusetts favorite, Harpoon Brewery. It was IHOP’s turn next: The chain followed up the great IHOb debacle with IHOPS, a pumpkin pancake stout made with Keegan Ales. Then, in late October, Planters and Noon Whistle Brewing unveiled their IPA-Nut IPA. Four beers, in two short months, from four companies that all have one thing in common: They do not make beer. So, why the sudden rush to release these craft brew collaborations?
Via Delish