Led By $23 Million Purchase of Cisco Brewers, Craft Brew Alliance Buys 3 Beer Companies

Craft Brew Alliance's nearly four-year-long strategy of partnering with smaller brands has officially culminated with three separate purchase agreements that, combined, will cost the company less than $45 million.
CBA, a publicly traded craft brewery group headquartered in Portland, Ore., today announced that it would wholly acquire Massachusetts' Cisco Brewers, North Carolina's Appalachian Mountain Brewery and Miami's Wynwood Brewing.
“From the beginning we knew that our shared values and complementary interests gave us a platform to grow together,” CBA chief Andy Thomas said via a press release. “Over the past few years, as we've gotten to know each of these exceptional breweries and their passionate teams, it became increasingly clear that the future would be brighter for all of us working together as one.”
The company will spend $23 million to acquire Cisco Brewers, which was founded in 1995 and operates a small brewery on Nantucket Island.
Financial terms for the other two transactions were not...

Continue reading ...

  Tweet

Italian Style Beef Wellington

Beef Wellington is a true delicacy often served on holidays and very special occasions that your dinner guests will find very impressive. Making a great Beef Wellington is... Read more ...

Chicken Liver Pate

Pâté sounds intimidating to make but this Chicken Liver Pâté recipe is simple and inexpensive yet has a magnificent flavor. This recipe combines the flavors of chicken livers... Read more ...

Tequila-Lime Marinated Angus Sirloin - Sound of Flavor

The Roasted Red Pepper Semolina Focaccia recipe in the latest video from POV Italian Cooking is packed full of flavor but still an easy bread to make at home. This Italian... Read more ...

Bacon and Gruyere Egg Casserole

This Gluten Free Maple Bacon and Gruyere Breakfast Casserole is packed with sweet and savory flavors that make the perfect hearty breakfast Read more ...

Chocolate Avocado Pudding

This chocolate pudding is made with avocados, cocoa powder, and honey. It's rich and creamy and so so simple. Read more ...

Keto Chocolate Cake

This Keto Chocolate Cake takes your craving and kicks it up a notch! Add in a molten peanut butter center to give it that salty sweetness! Read more ...

Triple Chocolate Vegan Cupcakes

These vegan triple chocolate cupcakes are a chocolate lover's dream come true! Read more ...

Chicken & Black Bean Crockpot Chili

Healthier and lighter crock pot chili made with chicken and fresh ingredients! Read more ...

15 Minute Khao Soi: Thai Coconut Curry Chicken Noodle Soup Recipe

Khao soi: deliciously warming coconut curry noodles in just 15 minutes. Read more ...

Peanut Butter Oatmeal Cookies

These chewy vegan peanut butter oatmeal chocolate chip cookies are delicious and mouth watering treats. Read more ...

Bar Rescue - Chilleen's on 17 Update

Kid Chilleen's appeared on Bar Rescue in April of 2013 and was renamed to Chilleen's on 17 during the episode and the bar has kept the name. This episode was most known for... Read more ...

Tomato & Basil Chickpea Salad

Chickpeas, cherry tomatoes, feta cheese, onions, and basil are mixed with a lightly seasoned olive oil dressing. Read more ...

Breakwall Bar & Grill Is Closed

Kilkenny's Irish Pub in Redondo Beach, California appeared on season 1 of Bar Rescue in July of 2011. During the Bar Rescue makeover, Jon Taffer and team renamed the bar to... Read more ...