USA | Following Molson Coors’ recently announced restructuring programme, analysts are wondering if it might pave the way for an asset sale.
USA | The news sent shock waves across the industry. Just days after AB-InBev bought out Craft Brew Alliance, the fourth largest US craft brewer New Belgium was sold to Australia’s number two brewer Lion, which is owned by Japan’s Kirin.
USA | You could say: when the going gets tough, the tough get going … but the wise will seek an exit.
USA | With New Belgium’s 100 percent sale to Lion, a major craft brewer will exit the Brewers Association’s ranking.
USA | How much is a craft brewer worth? AB-InBev’s recent takeover of Craft Brew Alliance (CBA) valued the group at USD 290 per barrel beer sold. That is more than what AB-InBev paid for the Chicago craft brewer Goose Island in 2011: USD 250 per barrel.
USA | In their attack on craft beer, the Big Brewers have brought out the big bazookas and lowered prices for their corporate craft beer brands, especially those packaged in bulky 24-packs.
USA | The latest brewing innovation from Ceria Brewing Company is a de-alcoholised THC-CBD infused India Pale Ale (IPA), which has been launched at licensed dispensaries in Colorado and California.
USA | Did AB-InBev change its mind over Craft Brew Alliance (CBA), or was its walking away from a deal in August just a clever tactic to negotiate a lower price?
USA | After three years of providing a free event space and beer for local charities, the Heineken-owned Lagunitas brewery shuttered its Community Room in Portland, Oregon, at the end of October 2019, forcing dozens of non-profit organisations to relocate their fundraising parties.
Brazil | An arbitration tribunal has ruled that beverages produced by Cervejaria Kaiser, one of Heineken’s subsidiaries in Brazil, will continue to be distributed by Coca-Cola bottlers in Brazil through March 2022, the alleged termination date of the original arrangements.