AB InBev Continues Craft Acquisition Spree With Breckenridge Brewery BuyDecember 23, 2015
Anheuser-Busch InBev (ABI) has announced plans to acquire Colorado’s Breckenridge Brewery for an undisclosed sum. Under the deal, slated to close in the first quarter of 2016, ABI will take over the craft brewer’s original brewpub and innovation center in Breckenridge, Colorado, as well as the company’s new production facility and Farm House restaurant in nearby Littleton.
Breckenridge—whose flagship offerings include its Breck IPA, Avalanche Ale, Oatmeal Stout, Vanilla Porter and Agave Wheat—is projected to sell around 70,000 barrels for 2015, across a footprint of 35 states. The brewery joins ABI’s newly formed The High End craft and import unit, which also includes the Goose Island, Blue Point, 10 Barrel, Elysian, Golden Road and recently-added Four Peaks brands.
Breckenridge’s current management group, Breckenridge-Wynkoop, will retain ownership of several Colorado businesses, including its Denver-based Ale House at Amato’s, The Cherry Cricket and Wynkoop Brewing Co., among other holdings.
Meanwhile, Breckenridge has announced the launch of a new line of nitrogen-carbonated beers in canned format in early 2016. The Nitro Series four-pack of 16-ounce cans will debut with Nitro Vanilla Porter and Nitro Lucky U IPA, available year-round, followed by a seasonal program of nitro canned beers, expected to debut mid-August.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.