The Beer Ticker: Industry News & Notes, the Crisp and CRISPR Edition
From the latest Anchor twist to hazy genes, here are some news and announcements from around the industry.
Category
Acquisitions
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The Brewer Who Would “Never Sell Out” Sells to Sapporo
Japanese beermaker Sapporo announced that is purchasing Stone Brewing, one of the most influential and vocally independent U.S. craft brewers of the past few decades.
Monster to Gobble Up CANarchy
After the purchase by the energy drink maker, the collective that includes Cigar City and Oskar Blues still counts as “craft,” according to the Brewers Association.
Strength in Numbers: How Craft-on-Craft Deals Turn “Acquisition” from Dirty Word to Mutual Opportunity
ALL ACCESSWhile some brewery owners seek a way out while keeping the brands they’ve built alive, others see opportunities to grow, diversify, and gain efficiencies.
Kirin Buys Bell’s, Folds It Under New Belgium
Through its Lion subsidiary—the same that bought New Belgium in 2019—Kirin has purchased the Michigan-based craft icon. Founder Larry Bell says, “this was the right time.”
Joint Operations: Canadian Cannabis Firm Buys Atlanta’s SweetWater
The Ontario-based Aphria calls its $300 million acquisition of the “420” brewer a “strategic entry into the United States.”
Recapitalizing for Growth in the Pandemic Economy
SUBSCRIBERRecapitalizations may sweep through the craft-beverage world, according to Martin W. Saylor and John D. Wagner of 1st West Mergers & Acquisitions. But what is a recap? And how does it differ from an acquisition?
Retirements Bring Turning Points for Veteran Brewers
Stoudts in Pennsylvania to close, Sprecher in Wisconsin gets new ownership, while Schlafly in Missouri buys a long-running brewpub.
Private Investors (with a Brewpub) Buy Ballast Point from Constellation
Backed by a group led by a former hotelier, little-known Kings & Convicts buys the home of Sculpin from a global drinks firm.
New Belgium Announces Sale to Kirin Subsidiary
One of America's largest and most respected independent breweries has announced its sale to Kirin's Lion Little World Beverages.
Global hops firm Haas invests in Yakima Valley Hops
What began as an online shop run from a garage joins the world's largest hops supplier.
Clown Shoes Begins Brewing at Harpoon
Last week Harpoon Brewery announced that it had acquired the Clown Shoes brand. CEO Dan Kenary discusses the deal and the future.