SABMiller, the world’s second largest beer company, today announced it has acquired Meantime Brewing, one of the fastest growing craft breweries in the UK. Though specific financial terms of the deal were not disclosed, the acquisition will include all of Meantime’s retail sites — the brewer currently operates a number of bars and taprooms.

IBM once rather hilariously summed up society’s perception of millennials thusly: “If the buzz is to be believed, they’re either lazy narcissists or energized optimists bent on saving the world.” Well, if a recent survey conducted by online ticketing service Eventbrite is to be believed, they’re also hedonists at the altar of the beer festival.

New Belgium is still in the process of building out its new brewery, packaging hall and tasting room in Asheville, N.C., but one critical component of the expansion project is now complete.

Attention craft beer drinkers in Western Pennsylvania and the Mid-Atlantic U.S.: say “hi” to your new neighbor. Narragansett Beer, the 125-year-old heritage brand out of Rhode Island, has announced plans to expand distribution throughout Maryland, Delaware and previously untapped markets in Pennsylvania, including Pittsburgh, Erie, and Reading.

California’s craft beer industry still has a way to go before it can hold a candle to its celebrated wine trade, but it’s certainly trending in the right direction. In 2014, the market for craft beer in the state continued to flourish, contributing more than $6.5 billion to the economy, according to a newly released report from the California Craft Brewers Association (CCBA).

A half-million dollars ought to be enough. That’s the point that brewing giant Anheuser-Busch is trying to make in a lawsuit against a New Jersey beer wholesaler over the transfer of Elysian Brewing products to A-B’s own network of distributors in the state.

This week, a North Carolina Beer & Wine Wholesalers Association (NCBWWA) executive confirmed to Brewbound that a consultant working on behalf of the organization was behind an anonymous online petition that helped to kill two craft-friendly bills in the state. North Carolina craft brewers had been making headway on House Bill 625 and House Bill 278 — legislation that would have cleared the way for contract brewing and raised the self-distribution cap from 25,000 barrels to 100,000 barrels — when the website ncbeerjobs.com made waves last month.

As Brewbound reported yesterday, Craft Brew Alliance (CBA) suffered through a difficult first quarter, which ended on March 31, 2015. Net sales and total beer shipments decreased 5 percent and 8 percent respectively. CBA CEO Andy Thomas summarized the quarter during an earnings call with investors and analysts on Thursday.

Speakeasy Ales & Lagers has revealed plans to increase its production volume by 500 percent as part of an ambitious expansion project the San Francisco-based brewery has announced.

San Francisco’s 21st Amendment Brewery today announced it has inked a deal with Stone Distributing, the growing wholesale arm of Stone Brewing, to bring its beers to southern California later this month.

By now, you’ve no doubt heard the rallying cry for craft brands to capture 20 percent of the overall beer market by 2020, an impressive — yet seemingly attainable — goal for what could still, in many ways, be considered a fledgling industry. One MillerCoors-aligned beer wholesaler in North Carolina hopes that on its way to 20 percent market share, craft products will account for at least 30 percent of the company’s overall revenue.

Indiana Gov. Mike Pence has signed into law a bill that triples the production cap on beer that breweries are allowed to sell within the state while preserving other retail and self-distribution privileges.

Bell’s Brewery has announced plans to expand its presence on the east coast, detailing this afternoon imminent launches in both Delaware and Maryland. Bell’s, the nation’s 7th largest craft brewery, according to the Brewers Association, has signed on with N.K.S. Distributors for coverage in Delaware.