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Posted by / 04-Nov-2020 00:47

Craft Brew Alliance, which saw former chairman Kurt Widmer retire at the end of 2015, renewed a distribution and marketing deal with Anheuser-Busch In Bev (which owns a roughly 32% stake in the company) last year.

Focused primarily on Craft Brew Alliance's Kona brand, the deal is already paying dividends: Kona sales are up more than 10% through June.

He says that funding will help him expand his facilities and get more products out to market, and he'll be far from alone in taking that route.

While there have been bright spots for Boston Beer Company this year, they're coming from all the wrong places.

He also poked at Koch's use of gimmicks -- from giveaways to a 2002 "Sex for Sam" promotion on the Opie and Anthony radio show in New York that resulted in the DJs getting fired after encouraging sex in public places, including Saint Patrick's Cathedral -- and questioning whether it was good for craft beer.

It should be noted, however, that Lanigan just sold a minority stake in his brewery to Valterra Capital, a private equity firm that typically invests between million and million into asset-backed businesses, according to beer industry site Brewbound.

and Cincinnati; its A&S Brewing research and merger-and-acquisition branch in Burlington, Vt.; and a host of beer brands either formulated or purchased under the A&S flag.

Some of Boston Beer Company's properties include the Angel City brand and its Los Angeles brewery, the Concrete Beach brand and brewery in Miami and the Coney Island brewery in Brooklyn.

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Boston Beer Company, Samuel Adams and Koch himself have fermented about as much uncertainty as beer in recent years.