The year-end spending spree for Anheuser-Busch InBev continues. In the same week they announced their purchases of Four Peaks Brewing in Tempe, Arizona, and London-based Camden Town Brewery, the world’s largest brewing company announced the acquisition of Breckenridge Brewery of Littleton, Colorado. “They are innovative and have built an amazing business that’s enabled them to get … [ Read more]
U.S. Senators Amy Klobuchar and Mike Lee announced via press release today that the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights will hold a hearing on Anheuser-Busch Inbev’s proposal to purchase SABMiller on Tuesday, December 8, at 10am EST. The hearing will examine how the proposed merger of the world’s two biggest beer … [ Read more]
Anheuser-Busch has acquired Golden Road Brewing, the largest craft brewery in Los Angeles, the LA Times reports. The news broke Wednesday, September 23, in a press release, in which Anheuser-Busch stated the deal “will enable Golden Road to bring more of its fresh, canned beer to the brewery’s local market and to introduce its unique … [ Read more]
The Wall Street Journal is reporting on the vexing beer market in China: five large conglomerates, including SABMiller and A-B InBev, all fighting for a share of a full 25% of global beer volume. Yet this intense competition is shrinking their margins. Thus China accounts for only 10% of global beer revenues and just 3% … [ Read more]
Following the sale of Virtue Cider to Goose Island and A-B InBev, co-founder Greg Hall spoke with Michael Kiser of Good Beer Hunting. In the candid interview, Hall speaks about the company’s struggles, how the cider industry is changing, and why he decided to partner will Goose Island. Read the interview at goodbeerhunting.com.
Anheuser-Busch InBev announced it is purchasing a majority stake in Fennville, Michigan’s, Virtue Cider. The cider company was started in 2011 by Stephen Schmakel and Gregory Hall, former Goose Island brewmaster and son of founder John Hall, after Hall stepped down as brewmaster following A-B InBev’s acquisition of Goose Island. According to Brewbound, the sale of Virtue Cider was … [ Read more]
In a move that seems like it should violate the tenets of the three-tier system of alcohol distribution, Anheuser-Busch InBev has acquired two major Colorado beer distributors: Standard Sales Company of Littleton, Colorado Springs and Pueblo, and American Eagle Distributing of Loveland. It is legal for breweries to own distributors under a separate wholesale license. Craft … [ Read more]