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Brewers Association on the transaction between Boston and his dogfish
A day after the announcement of a mega merger of Boston Beer Company and Dogfish Head Craft Brewery, Brewers Association President and CEO Bob Pease today issued a statement regarding the grouping of second and 13th largest craft breweries.
In the statement, Pease described Boston Beer founder Jim Koch and Dogfish Head co-founder Sam Calagione as "strong supporters of the independent beer movement."
"We are in a mature market and small independent breweries are looking for ways to stay competitive," said Pease. "With the evolution of the sector and the spirit of collaboration, this strategic alliance allows Boston Beer and Dogfish Head to remain independent. They will undoubtedly continue to defend more than 7,400 small independent breweries in the United States. "
As Brewbound announced yesterday, Boston Beer has acquired Dogfish Head as part of a transaction valued at approximately $ 300 million. Learn more about it here.
Tod Tod of Allagash Wins James Beard Award
On Monday, Rob Tod, founder of Allagash Brewing, was named "Outstanding Producer of Wine, Spirits or Beer" from the James Beard Foundation. Tod is the third brewer to win this award, after brewer Garrett Oliver in 2014 and co-producer Dogfish Head Craft Brewery. Founder Sam Calagione in 2017.
The James Beard Foundation stated that it awarded the prize to "a beer, wine or liquor producer who demonstrates consistency and outstanding talent for his craft".
Virginia ABC: Arbitrator to decide dispute between Bell and Loveland
The Virginia Liquor Control Authority (ABC) issued a decision ordering the Bell's Brewery and the Richmond-based Loveland Distributing Co. to participate in the arbitration, following a dispute that led to the craft brewery to stop sending to the state.
The order comes three months after Bell's Brewery informed its wholesalers in Virginia that it would cease deliveries to the state due to litigation over the attempted sale of its distribution rights to a Reyes Beverage Group subsidiary.
In October, Premium Distributors, a subsidiary of Reyes Beverage Group in Virginia, entered into an agreement to acquire Richmond-based Loveland Distributing, which had been selling Bell's beer since 2015. According to a report, Bell had attempted to end to his contract with Loveland for the transaction due to the wholesaler not sharing crucial information regarding the transaction.
In February, Bell's founder, Larry Bell, informed the seven wholesalers of his business in Virginia that it would no longer export beer to that state. Bell told Brewbound that the state of Virginia accounted for 5% of its business, or about 300,000 cases.
Now the dispute goes to an arbitrator. Depending on the decision, ABC will set the arbitration parameters within 10 days.
The Texas Senate withdraws the law amendment relating to sales of beer to take away
The Texas Senators withdrew all of the amendments to a Texas Alcoholic Beverage Commission bill, including a move that would have allowed state-owned breweries to sell beer to go.
Nevertheless, 15 amendments, including the take-home bill, were introduced at the Senate Business and Trade Committee. These measures should be debated in the Senate next week. Thus, the off-site sales bill could be attached to the Senate version of the TABC bill. If this happens, a conference committee will have to settle the differences between the versions of the bill and those of the Senate.
If these efforts fail, brewers and wholesalers will find themselves debating the issue again in the legislative session of 2021.
Anheuser-Busch InBev applies to file its IPO in Asia-Pacific
Anheuser-Busch InBev announced today that it has filed an application for listing in Hong Kong of a minority stake in its subsidiary Asia Pacifc, Budweiser Brewing Company APAC Limited.
The announcement comes three days after Carlos Brito, CEO of AB InBev, said the company was "actively exploring" a possible IPO. In a press release, the company said that the deposit was another step in "exploring" the opportunity, and that a number of factors would be taken into account before it was released. to go from the front.
Name of the bank Potential Arcadia operator
Michigan's first national bank has named West Michigan Brewing Co. as "proposed successors" to Arcadia Brewing Co., according to MLive.com.
The bank, which took control of the property of Arcadia's founder, Tim Suprise, in mid-March through a "quitclaim act in lieu of foreclosure", said the new group had a "sustainable plan" "to continue its activities on the site.
"Upon approval, WMB will operate the superb state-of-the-art brewing facility, Arcadia Ales, and focus on the production of your favorite Arcadia beers at local retailers, as well as contract brewing services for brand names. beverages requiring more capacity and / or localized expert manufacturing and production, "said the bank, via the release.
In addition, the bank said the Michigan restaurant group, Urban Feast, would run a full-service restaurant in the brewery.
Auctions: Newburyport, Bridgeport and Morgan Street
Three notable brewing operations are on the market. The Massachusetts-based Newburyport Brewing Co. is auctioning off all of its facilities, with a starting budget of $ 310,000. The auction – which includes a 20-barrel brewery, a cannery, six 40-barrel fermentors, eight 80-barrel fermentors and four Brite tanks – opens on May 20 and closes May 22.
In February, Newburyport announced the closure of its existing production plant and brewery contract at Mercury Brewing (Ipswich Ale brewery) while building a "small brewery of destination".
Meanwhile, the equipment of Bridgeport Brewing, which the company Gambrinus closed in February, is auctioned. The auction – which includes a 75-barrel brewery, several fermentors and Brite tanks, etc. – ends on June 12th.
Finally, Morgan Street Brewery, based in St. Louis, is proposed as a turnkey operation. The brewery, restaurant and reception rooms with a capacity of 20,500 square feet and a capacity of 15 barrels are offered for $ 1.1 million. At the same time, two other Morgan Street properties are being offered as a global offering for $ 425,000.
Noble Rey Brewing Farm
After filing for Chapter 11 in December, the Dallas-based Noble Rey Brewing Company closed its doors on April 1.
"The choice was not easy, we spent several months trying to find a way to make something work, but finally we have neither the ability nor the means to run the business." said the company in a press. Release.
According to the statement, the brewery is being sold to a new owner who has not yet been identified.
Columbia Distributing to open largest warehouse in Oregon
Columbia Distributing, a mega wholesaler in the Pacific Northwest, plans to open a 530,000-square-foot warehouse in Canby, Oregon, the company announced last week.
The new facility, scheduled to open in the fall of 2020, will consolidate the company's three leased warehouses, based in Portland, Oregon, said Columbia spokeswoman Lindsi Taylor. She added that the company was planning to hire 200 new positions.
"We do not see less than 200 positions at this location and we look forward to filling all openings before moving to next fall," said Chris Steffanci, President and CEO of Columbia. .
Columbia plans to deliver at least 18 million people from the combined warehouse once operational.
7-Eleven launches beer delivery service
Local chain 7-Eleven launched a beer delivery service last week via its 7Now app in 18 major markets. The service is available in New York, Los Angeles, Miami, San Francisco, Dallas and Chicago, among other markets.
Beers available include Anheuser-Busch (Bud Light, Budweiser, Michelob Ultra), MillerCoors (Miller Lite, Coors Light, Blue Moon), Constellation Brands (Corona, Modelo) and Heineken, as well as Craft Brew craft products. Alliance (Kona Big Wave), New Belgium, Dogfish Head, Brooklyn Brewery and Boston Beer Company.
Lord Hobo will give Firebird Trans Am 1979
The Massachusetts Lord Hobo Brewing Company will sell a 1979 Pontiac Firebird Trans Am vintage later this year. The promotion coincides with the launch of Freebird, a packaged 18-pack gold beer. The new year-round beer will be launched today in Lord Hobo's Woburn Tea Room and throughout the area. occupied by 15 states during the Memorial Day weekend.
The text-winning contest will be completed in December, a winner claiming the 4-speed car. The car, with a list price of about $ 43,000, has about 21,880 miles on it. Check out the specifications of the car here.
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