Craft Beer Alliance Goes Shopping

CBA Goes Shopping

Craft Beer Alliance announced the purchase of three regional breweries, all of which it already had “strategic and distribution partnerships” with. The shopping spree included NC’s Appalachian Mountain Brewery, Nantucket’s Cisco Brewers, and Miami’s Wynwood Brewing.

These three regional breweries will lose their designation as “craft” and will be relisted as “crafty,” as the CBA is one-third owned by brewing giant and megavillain AB InBev.

The Craft Beer Alliance was created in 2008 as a merger between Redhook Ale Brewery and Widmer Brothers Brewery. Other beers in their portfolio include Kona Brewing Company and Omission Beer. AB InBev accrued a 32.2% stake by 2013.

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This spree of purchases marks the end of a period of relative calm following the craft beer buying bonanza of 2017 and early 2018. That said, it was within the recent quiet season that the CBA quietly announced that it was going to focus less on creating strategic partnerships with craft breweries and more on outright acquisition of said breweries. I’d bet a hazy IPA that this won’t be AB InBev’s last move in the craft beer sector.