Clifton Park, NY -- Monday, May 21, 2018 -- Shmaltz Brewing Company has sold its Clifton Park, NY, brewery assets to Rich Buceta, Owner of Queens-based SingleCut Beersmiths . Shmaltz has sold only the equipment and the facility but retains full ownership and control of all its brands under the Shmaltz Brewing and He'brew Beer lineup as well as its new upstate New York 518/838 Craft line, its recently acquired and redesigned Alphabet City brands, and its exclusive licensing agreement with CBS for the line of custom Star Trek themed beers. Shmaltz retains all the intellectual property, trademarks, artwork, copyrights, designs and associated assets that have so clearly identified the Shmaltz family of beers for over 21 years.
During a transitional period extending through late 2018, Shmaltz will continue to brew, package and operate as it has been doing for the 5 years since it opened the brewery in 2013. The flow of Shmaltz brands to all its wholesale and retail customers such as core offerings Slingshot, Hop Manna, Messiah and RIPA will continue exactly the same as will coming releases of Hop Momma IPA, Chanukah in Funk, She'brew, and Jewbelation 22. The 518/838 Craft lineup will continue to explore flavors and collaborations based in the local area codes using New York State ingredients under Shmaltz's NYS Farm Brewers License.
Thenew Alphabet City Village IPA and 7th St Blonde will expand to grow alongside the special releases of Loisaida in July and Sugar Plum Fairy for the holidays. Shmaltz will initially maintain all of its current brewing, packaging and production team through the transition during which time the new operator will be obtaining its federal and state licenses and take over all operations.