Mergers & Acquisitions

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 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 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.

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.

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 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 has purchased leading non-alc spirit Ritual Zero Proof, the company announced today.

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.

Amid challenging industry headwinds, two New York-based craft breweries are merging, Brewbound has learned.

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 (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.

Left Hand Brewing co-founder Eric Wallace has assessed today’s challenging landscape for craft brewers and believes his Longmont, Colorado-based company may have a solution.

San Francisco-based Magnolia Brewing is changing hands once again. Kirin-owned Lion Little World Beverages acquired the brewery as part of the 2019 acquisition of New Belgium Brewing.

Tilray cemented its place as a top five U.S. craft brewery by volume last week with the acquisition of four brands from Molson Coors’ Tenth & Blake division: Atwater, Hop Valley, Revolver and Terrapin.