The parent company of Oyster City Brewing Company has signed a purchase agreement to acquire the assets of Catawba Valley Brewing Company. Made by the Water, a portfolio company of family office Wiregrass Equity Partners, which owns Oyster City, will acquire the assets of Catawba Valley, including Catawba Brewing in North Carolina, Palmetto Brewing in South Carolina, the Twisp Southern Hard Seltzer brand that launched in 2019.
Palmetto Brewing Co. will release Peace of Cookie, a milk stout crafted to taste like a batch of America’s favorite cookies – chocolate chip, mint chocolate, and good ole fashioned sugar cookie.
Twisp, an all-natural line of southern hard seltzers inspired by popular cocktails, is entering the market on Oct. 19. Four markets in the Carolinas will get a first taste of its launch flavors: The Mule, The Paloma and The Spritzer.
South Carolina’s oldest brewery is opening its doors to a new look in their downtown Charleston tasting room on Friday, March 1. The launch celebration of Palmetto Brewing’s rebrand will include live music and food throughout the two-day event, along with the debut of two new Palmetto beers to commemorate the occasion.
Palmetto Brewing Company has recently introduced a number of Small Batch beers in their Huger Street tasting room in downtown Charleston. With the brewery’s newly expanded production capabilities, the increased diversity of draft offerings is here to stay.
Several beer companies throughout North and South Carolina have temporarily halted operations in preparation for Hurricane Florence, which is set to make landfall over the next 24 hours, bringing with it wind gusts exceeding 74 mph and days of storm surges, flooding and double-digit rainfall. States of emergency have been declared in the Carolinas, and the governors in those states have urged more than 1 million residents of coastal towns to evacuate. Georgia, Virginia and Maryland have also issued emergency orders. Palmetto Brewing Co., which was acquired in late 2017 by Catawba Brewing Co., shut down on Wednesday, with its 20 employees being encouraged to evacuate the area.
Catawba Brewing Company is nearing a milestone in their 2018 expansion project, just two months after announcing their purchase of Palmetto Brewing of Charleston, SC.
In this week’s edition of Last Call: Summit downsizes its workforce; A-B reconsiders its 3.2 beer portfolio; Nebraska looks to tweak its come-to-rest provisions; and more.
North Carolina’s Catawba Brewing Co. has reached an agreement to acquire Charleston, South Carolina-based Palmetto Brewing Co. Catawba co-founder Billy Pyatt told Brewbound that his company will acquire “100 percent” of Palmetto’s assets and hopes to close on the transaction by the end of the year.
On April 28, 2017, PalmettoBrewing Co. closed on the purchase of its longtime location at 289 Huger Street, and after 23 years, officially owns the place it’s called home since 1993.
Brew Hub, a company led by a team of beer industry executives and craft-brewing experts, has signed an agreement with Palmetto Brewing Company that will allow the Charleston, South Carolina-based craft brewer to immediately increase production and introduce its first line of canned beers.