vendredi 12 août 2016

MillerCoors Adds Another Brewer To Its Portfolio

MillerCoors’ beer aisle shopping spree appears to be far from over. Just weeks after MillerCoors expanded its craft beer portfolio with the purchase of Hop Valley Brewing Co. and Terrapin Beer Co., the company has added Revolver Brewing Co. to its arsenal. 

The brewer announced Friday that it would buy Texas-based Revolver Brewing, the maker of Blood & Honey, Ironhead IPA, and Sidewinder, adding these brands under the umbrella of its Tenth and Blake Beer Company craft and import division.

Under the deal, for which financial details were not available, Revolver will operate as a separate business unit of Tenth and Blake. The current management team will remain at the helm and retain an ownership interest, MillerCoors said in a statement.

The deal is expected to be completed this fall.

MillerCoors’ purchase of Revolver comes just two weeks after the company’s Tenth and Blake division also bought Oregon-based Hop Valley, the maker of beers like Alphadelic, Citrus Mistress, and Alpha Centauri, and three weeks after the purchase of Georgia-based Terrapin Beer Company, maker of Hopsecutioner, HI-5, RecreationAle, and Rye Pale Ale.

Tenth and Blake also counts Blue Moon Brewing Company, Jacob Leinenkugel Brewing Company, Crispin Cider Company, and Saint Archer Brewing Company in its portfolio.

[via The Chicago Tribune]



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