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.
Submit M&A News
If you’ve recently raised a round of funding or have news related to beer industry investment, submit your news to your team.
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
Brewbound Live 2023: Tilray Beer Chief Receiving 2-3 Daily Calls From Prospective Sellers, Open Spaces in TX and Great Lakes
Ty Gilmore, president of Tilray Brands’ U.S. beer division, estimated that he receives around two to three calls a day from potential sellers looking to join the Canadian cannabis firm’s craft brewery platform.
Campari Buys Courvoisier for $1.2 Billion, Accelerating Its “Premiumization Journey”
Campari has committed to acquiring cognac Courvoisier from Beam Suntory for an initial price of $1.2 billion, amounting to the biggest deal in the Italian spirit group’s history.
Massachusetts’ Dorchester Brewing and Aeronaut Brewing Announce Planned Merger
Two Massachusetts breweries – Dorchester Brewing Company and Aeronaut Brewing Company – will merge next year under a new parent company, Tasty Liquid Alliance, the two companies announced today.
Colorado’s Westbound & Down Acquires Aspen Brewing and Capitol Creek Brewery
Lafayette, Colorado-headquartered Westbound & Down (W&D) has acquired Aspen Brewing and Capitol Creek Brewery from High Country Brewing LLC. The deal, which closed December 1, includes Aspen’s 7,000-barrel capacity production facility and both breweries’ brewpubs.
Sheehan Family to Sell Craft Vermont
Craft Vermont is being sold to Farrell Distributing (a Molson Coors distributor) and Baker Distributing (an Anheuser-Busch house), in a transaction expected to close in February, according to Beer Marketer’s Insights.
Outfoxing The Competition: Foxtrot and Dom’s Kitchen Plan Merger
The Chicagoland grocery industry got a little more interesting today with the announcement that modern convenience chain Foxtrot and natural grocery chain Dom’s Kitchen & Market will be merging in an all-stock deal that will create a new holding company called Outfox Hospitality.
Anchor Workers Launch WeFunder Campaign; Lay Out Plans to Bring Back Brand
Anchor SF Cooperative (ASFC), a group of former Anchor Brewing workers, has launched a WeFunder campaign to help its efforts to “carry on the legacy of Anchor Brewing.”
Other Half to Acquire Young Lion’s Brewing Facility and Taproom
Brooklyn-based Other Half Brewing Company has a deal to purchase Young Lion Brewing Company’s brewery and taproom in Canandaigua, New York, the companies announced today. The Young Lion brand and intellectual property was not included in the transaction.
Ecliptic Brewing Acquired by Great Frontier Holdings
After 10 years in business, Portland, Oregon-based Ecliptic Brewing has agreed to be acquired by Great Frontier Holdings – the craft beverage platform formed by the merger of Ninkasi Brewing and Wings & Arrow earlier this year. Citing a “really challenging” “past two years,” Ecliptic founder John Harris announced the sale on the brewery’s social media pages Wednesday evening.
Smuttynose Parent Company Acquires Five Boroughs Brewing
Finestkind Brewing, the parent company of New Hampshire’s Smuttynose Brewing Co., has acquired Brooklyn, New York-based Five Boroughs Brewing Co.
Blake’s Hard Cider and Austin Eastciders Merge Under Blake’s Beverage Company Banner
Blake’s Hard Cider and Austin Eastciders are merging under the Blake’s Beverage Company umbrella, bringing together the top-selling cider brands in Texas and Michigan and creating the second-largest cider company in the U.S, the company announced today.
Quality Beverage Files Lawsuit Against Constellation Brands for ‘Intentional Interference’ in Sale to Martignetti
Massachusetts-based Quality Beverage has filed a lawsuit against Constellation Brands, alleging the bev-alc giant has interfered with its pending sale to wine and spirits wholesaler Martignetti Companies.
The Big Deal: What’s Next for New Belgium and Bell’s
New Belgium CEO Steve Fechheimer and Bell’s Brewery EVP Carrie Yunker wrapped up Day One of Brewbound Live 2021 in Santa Monica, California, to discuss what comes next, following the sale of Bell’s to New Belgium’s parent company, Kirin-owned Lion Little World Beverages.
Anheuser-Busch to Sell 8 Craft Brands to Tilray
Tilray Brands is acquiring eight craft brands from Anheuser-Busch InBev in a blockbuster all cash deal.