Global brewer acquires stake in products launched by brand incubator
Molson Coors, Chicago, and L.A. Libations, El Segundo, Calif., announced a multiyear partnership that includes a significant minority equity investment by Molson Coors in L.A. Libations as well as category-exclusive access to the company's services. Molson Coors also will hold two seats on the L.A. Libations board.
Craft Brew Alliance will join company’s Brewers Collective
Craft Brew Alliance (CBA). Portland, Ore., and Anheuser-Busch (A-B), a subsidiary of Leuven, Belgium-based Anheuser-Busch InBev, jointly announced an agreement to expand their partnership, with A-B agreeing to purchase the remaining CBA shares it does not already own in a merger transaction for $16.50 a share, in cash.
Re-introduced variety features crisp, less sweet taste, company says
White Plains, N.Y.-based HEINEKEN USA announced that Strongbow Hard Ciders will release its Original Dry to on-premise outlets with the availability of 50-liter steel kegs.
North American headquarters will move to Chicago office
Molson Coors Brewing Co., Denver and Montreal, reported results for the 2019 third quarter and also is announcing a new revitalization plan intended to achieve consistent top-line growth by improving efficiency and unlocking resources to reinvest in the business.
Purchase expands beer wholesaler fully into spirits market
In a move that pushes Fort Worth, Texas-based Ben E. Keith Beverages fully into the spirits market, the company has acquired Dallas-based Artisanal Beverage Distributor's assets, adding 20 suppliers to its growing lineup of spirits and expanding its spirits distribution footprint statewide.
Stella Artois, a brand of Anheuser-Busch, will introduce a brand new limited-edition seasonal beer — Midnight Lager — on Halloween night in historic Sleepy Hollow, N.Y.