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.
USA | Michigan’s brewer Founders and its former employee Tracy Evans have agreed to settle their lawsuit on 31 October 2019. Terms were not disclosed. Mr Evans alleged that Founders tolerated a racist corporate culture, and that he was fired because he had complained to HR about racism on staff.
USA | Molson Coors, the parent of MillerCoors, will be moving hundreds of corporate office jobs to Milwaukee, which could lead to the loss of 400 to 500 employees throughout the company. The move will grow a local workforce that has its roots in Miller Brewing, although the MillerCoors name will be dropped.