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Latest headlinesPeople & Industry News

Anheuser-Busch acquires Virginia craft brewer

By Jeremy Gerrard
MillerCoors to close brewery, invests more in craft beer
April 13, 2016

Beer giant Anheuser-Busch has added another brewer to its growing portfolio of craft brewing companies. Virginia-based Devils Backbone Brewing Company will become the ninth brewer added to Anhueser-Busch’s expanding “High End” business unit that contains unique craft and import brands—joining other companies such as Goose Island, Elysian, Four Peaks and Breckenridge Brewery.

“I am extremely pleased to announce the partnership of Devils Backbone Brewing Company with Anheuser-Busch. While we are joining a creative group of craft breweries in the division, Devils Backbone will retain a high level of autonomy and continue its own authentic DNA within The High End framework,” says Steve Crandall, co-founder and CEO of Devils Backbone Brewing Company. “The existing management team plans to stay on board for many years, while continuing to innovate and bring locally crafted Virginia beer to the nation.”

Founded in 2008, Devils Backbone operates two breweries in central Virginia and is known for its Vienna Lager, which accounted for nearly 60 percent of volume in 2015. The brewing team has received awards from the World Beer Cup, Australian International Beer Awards, medals from the Virginia Craft Brewers Fest, and the Great American Beer Festival. Today, the Outpost Brewery & Taproom in Lexington serves as the primary production brewery while the Basecamp Brewpub & Meadows in Roseland, serves as a visitor destination.

KEYWORDS: beverage industry food and beverage industry trends mergers and acquisitions

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Jeremy Gerrard was Food Engineering's Digital/Online Editor. He is a graduate of Auburn University with a degree in journalism. His previous work experience includes years spent as a reporter with the Daily Local News out of Chester County, PA. In addition to writing feature articles for Food Engineering, Jeremy covered the Dry Processing, Field Reports and People and Industry news sections.

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