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Craft Brewing and Distilling News for March 23, 2018

March 23, 2018

•Pennsylvania’s D.G. Yuengling & Son is set to launch Golden Pilsner, the first extension to its core lineup in nearly two decades, on April 1. The 4.7%-abv lager is made with pale and specialty malts along with Hallertau and Saaz hops and is intended to thrive in summer and outdoor occasions. Yuengling will initially launch Golden Pilsner in 12-ounce bottles and cans in select regions in Ohio, Pennsylvania, Georgia, Virginia, Rhode Island, and Florida. By the end of 2018, the company intends to distribute the beer to its entire 22-state footprint. Yuengling is the sixth-largest brewer in the U.S. overall, and the largest craft player, according to the Brewers Association.

•New Hampshire’s Smuttynose Brewing has been sold to Runnymede Investments. The sale comes just a week after Provident Bank, Smuttynose’s lead lender, purchased the troubled brewery at public auction. Runnymede Investments, a venture capital firm, did not disclose the details of its purchase but Provident Bank purchased the brewery for $8.25 million. Runnymede has named Rich Lindsay, formerly of Boston Beer Company and Night Shift Brewing, as CEO, and is planning to increase Smuttynose’s sales team and install a canning line to rehabilitate the 24-year-old brand.

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