Craft Brewing and Distilling News for August 7, 2017August 7, 2017
•Downington, Pennsylvania’s Victory Brewing Company has launched Home Grown New American Lager. The new beer, a sessionable 4.8%-abv lager, is brewed with 100% American whole-flower hops including Azacca, Cascade, Centennial, Chinook, Citra and Mosaic varieties. Retailing at $9.99 a six-pack of 12-ounce bottles and $18 a 12-pack, Home Grown New American Lager will be available across Victory’s 35-state footprint starting this month.
•Illinois-based Destihl Brewery is set to release Synchopathic Apricot this month. The beer, the newest seasonal release in Destihl’s Wild Sour Series, is a 6%-abv ale that’s brewed with apricots and dry-hopped before kettle souring. The beer is the third of four Wild Sour seasonal releases for 2017. Synchopathic Apricot will be available on draft and in four-packs of 12-ounce cans throughout Destihl’s 20-state and Washington D.C. distribution footprint.
•Private equity firm Brynwood Partners has acquired Minnesota-based Cold Spring Brewing Company for an undisclosed sum. Cold Spring specializes in the private label and contract production of craft beer, energy drinks and carbonated flavored waters, reporting more than $60 million in net sales annually. The deal also includes the group’s Third Street Brewhouse division, which brews Cold Spring’s own beer brand for distribution throughout Minnesota and Wisconsin. Cold Spring will continue to be operated as a standalone company, with Brynwood set to leverage its existing Harvest Hill Beverage Company unit—whose holdings include the Juicy Juice and Sunny Delight brands, among others—to help support and grow the beverage producer’s operations.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.