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The Americas
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?
The Americas
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.
The Americas
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”.
The Americas
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.
The Americas
USA | Following Molson Coors’ recently announced restructuring programme, analysts are wondering if it might pave the way for an asset sale.
The Americas
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.
The Americas
USA | You could say: when the going gets tough, the tough get going … but the wise will seek an exit.
The Americas
USA | With New Belgium’s 100 percent sale to Lion, a major craft brewer will exit the Brewers Association’s ranking.
The Americas
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.
The Americas
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.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
