Spain’s Mahou San Miguel Reportedly Seeks Anchor StakeDecember 24, 2015
Mahou San Miguel is reportedly looking to up its presence in the U.S. craft beer market. The Spanish brewer, which took a 30% interest in Michigan’s Founders Brewing last year, is now eyeing a potential minority stake in San Francisco-based Anchor Brewers & Distillers, Bloomberg reported, citing unnamed sources. The report added that Mahou San Miguel could invest up to $300 million in Anchor, which is known for its Anchor Steam beer brand. Anchor didn’t immediately respond to a request for comment.
Led by former Skyy Spirits executives Keith Greggor and Tony Foglio, Anchor ranks as the 22nd-largest craft brewer in the U.S., according to the Brewers Association. Its distilling unit, which has a partnership with the U.K.’s Berry Bros. & Rudd, markets brands including The Glenrothes and BenRiach single malts, Nikka Japanese whisky and The King’s Ginger and Luxardo liqueurs, among others.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.