Craft Brewing And Distilling News for July 21, 2016July 21, 2016
•MillerCoors has acquired a majority stake in Athens, Georgia-based Terrapin Beer Co. and added the Terrapin range to its craft and import division, Tenth and Blake. The deal, for which financial details weren’t disclosed, is expected to be completed next month. MillerCoors had previously purchased a minority interest in the craft brewer in early 2012. Terrapin was founded by John Cochran and Spike Buckowski in 2002. The company produces year-round and seasonal beers such as Hopsecutioner, HI-5, RecreationAle and Rye Pale Ale at its 84,000-square-foot brewery and 100-barrel brewhouse in Athens. Terrapin’s current management team will remain in place. The Tenth and Blake portfolio also includes Blue Moon, Jacob Leinenkugel, 10th Street Brewery, AC Golden, Birra Peroni, Pilsner Urquell and Saint Archer.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.