Tuesday, December 22, 2015

Anheuser-Busch purchases Breckenridge Brewery

NEW

Anheuser-Busch has purchased their third brewery in 7 days- Colorado-based Breckenridge Brewery. To be a part of their “high-end” line.

The terms of the deal have not been disclosed. (As usual)

“Breckenridge Brewery has a long history of innovation and they continue to brew new and exciting beers, from their specialty brews like the Mountain Series that celebrates the brewery’s origin as a ski town brewpub, to their planned nitro can series,” said Andy Goeler, CEO, Craft, The High End. “They are innovative and have built an amazing business that’s enabled them to get their great beers to fans across the country. We look forward to even more growth together.”

The deal will close by the end of the 1st quarter. In the last 7 days, A-B InBev announced the purchase of Four Peaks Brewing in Arizona, and Camden Town in London, England.

The partnership includes Breckinridge Brewery’s new production brewery and Farm House restaurant in Littleton, plus the brewpub in downtown Breckenridge.

The current management group, Breckenridge-Wynkoop will still run the Ale House at Amato’s in DenverBreckenridge Ale House in Grand JunctionBreckenridge Colorado Craft in Denver; The Cherry Cricket in Denver; Mainline in Fort Collins; Phantom Canyon Brewing Co. in Colorado Springs; and Wynkoop Brewing Company in Denver.

Breckenridge Brewery is currently available in 35 states, with an annual production of 70,000 barrels.

Article in progress. Updating, check back.

The post Anheuser-Busch purchases Breckenridge Brewery appeared first on Beer Street Journal.

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