Ace Cider founder Jeffrey House has been outbid in his attempt to reclaim the brand after its parent company Vintage Wine Estates (VWE) filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware, according to North Bay Business Journal.
Cambridge Brewing Company (CBC) founder Phil Bannatyne joins the Brewbound Podcast to discuss the recent announcement that the Massachusetts brewpub will shut its doors in December after 35 years in business.
Citing “considerable distress” in the restaurant industry, the parent company of craft-centric on-premise chain World of Beer has filed for Chapter 11 bankruptcy protection.
Massachusetts-based Exhibit A Brewing has closed its Framingham brewery and taproom, and will move operations more than 90 miles west to Williamsburg, the craft brewery announced this week.
Clearwater, Florida-based Big Storm Brewing closed its taproom at Orlando’s Kia Center earlier this month, bringing the former multi-taproom operator to one location, according to the Orlando Business Journal.
Weeks after the death of founder Art Larrance, Portland, Oregon-based Cascade Brewing ceased operations on Monday, the Oregonian reported. Alissa Larrance, Art’s daughter, told the Oregonian that she delivered final paychecks to brewery staff Tuesday, though the brewery’s website says it is “temporarily closed.”
Lagunitas will cease operations in Chicago in early August and move all production to the craft brewery’s original brewhouse in Petaluma, California. The Heineken-owned brewery’s Chicago taproom, located within the brewery, will close permanently, effective today. The adjacent warehouse will remain in operation.
Adult non-alc retailer Boisson will be restructuring the company under chapter 11 bankruptcy protection, citing financial challenges amidst an “overly aggressive expansion plan” and the “inefficient deployment of capital.”
District 9 Brewing (D9) – sibling company of the troubled sales, distribution and e-commerce platform Bevana Partners – has filed for Chapter 11 bankruptcy protection.
Brattleboro, Vermont-based Hermit Thrush Brewery will close next month after nearly a decade. The sour-centric craft brewery announced the news of its impending closure on social media yesterday.