Southern Glazer’s to Acquire Horizon Beverage, Adding Massachusetts and Rhode Island to Footprint
Southern Glazer’s Wine & Spirits has plans to acquire Horizon Beverage Group, Southern Glazer’s announced today.
Mergers & Acquisitions
Read the latest beer industry financial news and reporting relating to investment, mergers and acquisitions. Explore the biggest deals, as well as what the financial future looks like for breweries in terms of capital availability, deal terms, lending, and the strategic marketplace in order to help shape your planning strategy for the short and medium term.
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Featured Mergers & Acquisitions Content
Anchor Brewing Acquired by Billionaire Chobani Founder
Anchor Brewing’s future was revealed today with the announcement that Hamdi Ulukaya, the billionaire founder and CEO of yogurt and dairy brand Chobani, has acquired the craft brewery and its 2.17 acre property in San Francisco’s Potrero Hill neighborhood, according to The San Francisco Standard.
Gallo GM on Montucky Partnership, Why Lager Brand is ‘1-of-1’ and Waterbird and Salt Point Acquisitions
Light lager brand Montucky Cold Snacks is “a big anchor” within Gallo’s total beverage alcohol strategy moving forward, as the wine and spirits giant enters the beer category, Gallo EVP and general manager Britt West told Brewbound.
Additional Content
Lord Hobo Merges with Lone Pine Brewing; Eyes Craft Platform Where Brands Can ‘Thrive’
Lord Hobo Brewing and Lone Pine Brewing announced plans to merge today, bringing together a pair of New England craft breweries under a single ownership structure. The companies declined to share financial terms of the transaction, which is expected to close in Q4, pending regulatory approval.
Iowa’s Backpocket Brewing Acquires Peace Tree Brewing Brand
Coralville, Iowa-based Backpocket Brewing has acquired the Peace Tree Brewing brand and recipes. Peace Tree was founded by Megan McKay 15 years ago in Knoxville, Iowa, making it Iowa’s first 100% woman-owned brewery. McKay had sought a buyer for the brewery since last year, and the company ceased operations this summer.
Garrett Marrero on Modern Times’ New Partnerships, Maui’s Future
Maui Brewing co-founder and CEO Garrett Marrero believes he’s found the people to lead the Modern Times Beer brand into its next chapter.
Maui Parent Company Spins Modern Times Off into Strategic Partnerships
Craft ‘Ohana announced a pair of “strategic partnerships” for the future of the Modern Times Beer brand and hospitality business that will see the Hawaii-headquartered company step back from the daily operations to “focus and double down” on growing Maui Brewing.
Keurig Dr Pepper To Acquire GHOST, Move Energy Drink to Own Distribution Network
Keurig Dr Pepper has agreed terms to acquire energy drink and sports nutrition business GHOST, bringing one of the category’s fastest growing brands into its expanding energy portfolio.
Georgetown Brewing Acquires Timber City Ginger Beer
Georgetown Brewing has acquired Timber City Ginger, a fellow Seattle-based ginger beer maker, the brewery announced today. Ten-year-old Timber City’s portfolio includes both non-alcoholic (NA) and hard ginger beer, both of which Georgetown plans to continue producing.
NA Beer Brand Best Day Brewing Secures $12.5M Investment
Non-alcoholic (NA) beer brand Best Day Brewing has added another $12.5 million in investment as part of a Series B round, bringing its total fundraising to $22.5 million this year.
Jack’s Abby and Night Shift Leaders Discuss Deal and Future for Combined Company
The formal union of Jack’s Abby and Night Shift Brewing had an air of inevitability. Night Shift co-founder Rob Burns and HFB co-owner Sam Hendler discussed the whys of the deal, how scale will change HFB’s business relationships and what’s next.
Jack’s Abby Parent Company to Acquire Night Shift Brewing; Hendler Family Brewing Targets 100,000 Barrels in 2025
Jack’s Abby and Hendler Family Brewing Company (HFB) are adding another Massachusetts brewery to their portfolio. HFB has agreed to purchase Everett, Massachusetts-based Night Shift Brewing. Financial details were not disclosed.
Diageo Adds Ritual Zero Proof to Expanding Non-Alc Portfolio
Diageo has purchased leading non-alc spirit Ritual Zero Proof, the company announced today.
FX Matt Acquires RTD Mimosa Maker Ohza
Ready-to-drink (RTD) mimosa and sangria producer Ohza has been acquired by FX Matt, the companies announced today. The acquisition brings a wine-based offering to FX Matt’s growing stable of RTD and beyond beer brands, which includes McKenzie’s Hard Cider, ‘Merican Mule spirits-based RTDs and Right Coast Spirits vodka- and tequila-based RTDs.
The Bronx Brewery and Captain Lawrence to Merge
Amid challenging industry headwinds, two New York-based craft breweries are merging, Brewbound has learned.
Flaviar Acquires Speakeasy Co., Boosting B2B Business
Bev-Alc marketplace Flaviar has acquired industry fulfillment service provider, Speakeasy Co., bolstering its B2B capabilities as it aims to become a multi-billion-dollar global bev-alc e-commerce player. Terms of the cash and stock deal were not disclosed.
Anderson Valley Brewing Company Listed for Sale at $7.9 Million
Anderson Valley Brewing Company (AVBC) could change hands again for the second time in nearly five years, according to a BizQuest listing that offers the Boonville, California-based craft brewery for sale.