Displaying items tagged: Mahou San Miguel Group
Founders names new CEO from affiliated brewery in Colorado
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.
Bell’s, New Belgium synergies could unlock cost savings with deal
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.
Atwater Brewery acquired by division of MolsonCoors
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.
MiBiz Growth Report: September 14, 2019
Here is the growth report for September 14, 2019.
Founders Brewing chair to lead ‘disruptive’ startup hydroponics farm
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.
Spanish brewer Mahou to acquire Founders Brewing
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, Mahou San-Miguel acquire majority stake in Colorado brewery
Founders Brewing Co. has partnered with its Spanish investors to acquire a majority stake in a Colorado-based craft brewer.
MiBiz Growth Report: Dec. 10, 2018
Here is the MiBiz Growth Report for Dec. 10, 2018.
Craft beer pours $2 billion into Michigan economy
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.
FINDING AN ENTRANCE: PE searches for craft brewers to buy as M&A activity cools for industry
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.
As exports grow, West Michigan craft brewers return to their roots
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.
Founders CEO denies reports brewery will repurchase shares to meet trade group’s membership requirements
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.
An industry at a crossroads: Closely-held craft brewers — noted for fierce independence — weigh options for succession
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.
Michigan ranks 10th nationally in craft beer production
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.
West Michigan breweries Founders and Bell’s rank among top 20 producers nationwide
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.
Exports add fuel to growth for American craft breweries
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.
Michigan’s craft beverage industry could prove attractive for acquisitions
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.