Displaying items tagged: Mahou San Miguel Group

GRAND RAPIDS — Founders Brewing Co. has announced its new CEO just two weeks after one of its co-founders indicated he would be stepping away from the leadership position.

While Larry Bell maintains that his patrons won’t see any noticeable changes after the planned sale of his Bell’s Brewery Inc. to the parent company of New Belgium Brewing Co., the two like-minded breweries have several synergies they could leverage to unlock cost savings.

GRAND RAPIDS — Atwater Brewery, a Detroit-based brewery with a satellite taproom in Grand Rapids, has been acquired by Chicago-based Molson Coors Beverage Co., one of the largest international brewing conglomerates. 

Here is the growth report for September 14, 2019.

GRAND RAPIDS — A deepening partnership with a Spain-based minority shareholder provided Founders Brewing Co. Executive Chairman John Green the perfect timing to jump back into an early-stage growth company.

GRAND RAPIDS — Founders Brewing Co. is selling a majority stake in the business to the brewery’s Spain-based minority shareholder, MiBiz has learned. 

Founders Brewing Co. has partnered with its Spanish investors to acquire a majority stake in a Colorado-based craft brewer.

Here is the MiBiz Growth Report for Dec. 10, 2018.

GRAND RAPIDS — As the craft beer industry continues to grow, it’s contributing to more economic activity in Michigan, both within the sector and its expanding supply chain. 

After a frenzied period of M&A activity for craft breweries, industry insiders and investors expect the pace of deals to moderate in the near future.

Michigan craft breweries have only just started to sell their beer in international markets, but many in the industry believe exporting could soon become an important diversification strategy.

Contrary to a report in an international brewery trade publication, Founders Brewing Co. has no plans to repurchase some of its shares from its Spanish investors.

As New Holland Brewing Co. LLC ramps up a major expansion into the Grand Rapids market that’s expected to open next month, President and co-founder Brett Vanderkamp has plenty to keep his mind occupied. 

With its 348 barrels of beer produced last year, Newaygo Brewing Co. accounted for less than 1 percent of all craft beer made in Michigan in 2015.

Founders Brewing Co. now ranks among the top 20 U.S. breweries by sales volume for 2015, a list that includes both craft brewers and large domestic producers.

As craft beer exports present consistent growth opportunities for American producers, internationally-distributing companies such as Grand Rapids-based Founders Brewing Co. note that overseas markets are making up an ever-increasing portion of their sales.

Despite a long career in the beer distribution business, Keith Klopcic lacked expertise in making the beverages he sold to bars and retailers around the state of Michigan. So when the opportunity arose to buy Comstock Park-based Perrin Brewing Co. last year, he tapped a partner with extensive craft brewing resources who had the know-how to help him continue scaling up the business.