Craft Brew Alliance: An Intriguing Spread For A Logical Deal [Seeking Alpha]
CRAFT BREW ALLIANCE (BREW)
Last craft brew alliance earnings: 3/11 04:01 pm
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Source: Seeking Alpha
Craft Brew Alliance (BREWBUDProfiling Craft Brew AllianceRed Hook Brewing was formed in 1981 in Seattle and the Widmer brothers founded Widmer Brothers in Portland, Oregon, in 1984. Interestingly, craft brewing was actually illegal until 1979 when President Carter legalized home brewing. In 1994, Kona Brewing was founded and Anheuser-Busch acquired a 25% stake in Redhook. In 1997, ABI then acquired a 25% stake in Widmer Brothers Brewing, and in 2003, a 20% stake was acquired in Kona Brewing. In 2007, Goose Island sold 42% of its business to Widmer Brothers, which a year later merged with Redhook to form Craft Brew Alliance. In 2014, Craft Brew entered into a partnership agreement with The Chive to distribute Resignation Brewery’s KCCO beer. It is currently the seventh largest craft brewer in the United States.Craft Brew’s catalog of brands include Kona Brewing, Appalachian Mountain Brewer, Cisco Brewers, Omission Brewing (gluten-free), Redhook Brewery, Square Mile Cider, Widmer Brothe
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