Budweiser Company acquires Breckenridge Brewery

Budweiser Company acquires Breckenridge Brewery

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The maker of Budweiser said in an announcement that it would be acquiring Breckenridge Brewery, one of Colorado’s biggest and most established craft breweries, for an undisclosed sum. The arrangement comes as leading beer manufacturing companies attempt to make advances in a niche market that has caught more than 10 percent of brew sales lately. A week ago, Anheuser-Busch, the U.S. arm of Belgium-based Anheuser-Busch InBev, reported it was additionally purchasing Tempe, Arizona-based craft brewer Four Peaks Brewing Co.

As of late it has also acquired Chicago’s Goose Island and Oregon’s 10 Barrel Brewing Co. The buy additionally goes ahead the heels of another arrangement by InBev to reward merchants who convey its beers. In a public statement to supporters, Breckenridge president J. Todd Usry said that the brewery will keep on settling on its own decisions about the brews it makes and there are no plans to change its workers or culture. He said the plans will permit it to convey its beers to more people.

The deal was a stun to numerous in Colorado, which views itself as a mecca independently owned breweries. The public response has been for the most part contemptuous, with many individuals blaming Breckenridge for being more inspired by cash than craft.

Breckenridge, established in 1990 by a ski bum who made beer at home, has developed to end up the 6th biggest specialty brewer in a state. The brewery began in the ski town which gave it its name before moving to Denver and afterward the suburb of Littleton, where it opened another production office this year. Throughout the previous four years, the brewery and its eateries have been a piece of a joint endeavor with the Wynkoop Brewing Co. The restaurants, except the ones in Breckenridge and Littleton, are not a portion of the deal and will keep on being worked by the joint endeavor.

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