The North American arm of global hops supplier Barth-Haas today announced a “strategic investment” in Yakima Valley Hops, a company that started nine years ago as an experiment on eBay and grew quickly alongside the craft boom.
John Snyder, who co-founded Yakima Valley Hops with Jeff Perkins, said the deal would help them get high-quality, in-demand hops to brewers throughout the year. "That consistent supply, yearlong, is our focus," he said.
John I. Haas and Yakima Valley Hops declined to disclose the terms, but a source close to the deal told Craft Beer & Brewing that “the Haas investment is non-traditional but meaningful, allowing YVH to operate with independence and board involvement by Haas."