USA | Constellation Brands didn’t waste any time with Ballast Point. Once a buyer had been found for its underperforming craft brewer, Constellation cut the line. Will its billion dollar investment in cannabis firm Canopy Growth share the same fate?

USA | Four years ago, San Diego’s craft brewer Ballast Point took the beer world by surprise when it abandoned an IPO and accepted a USD 1 billion cheque from Constellation Brands. On 3 December 2019, it shocked fans again.

USA | Good grief. Who wants to be seen wearing a onesie? Yet, Molson Coors is selling a holiday onesie, aka a full-body sweatsuit with a hood, a full-length zipper and two pockets, to help drinkers “embrace their post-holiday chill”.

USA | AB-InBev is weighing the sale of its packaging business, which could be valued at between USD 5 billion and USD 6 billion, Reuters reported on 28 November 2019.

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.