The Boston Beer Company and Dogfish Head Brewery have signed a definitive merger agreement, bringing together two independent craft breweries and their founders and brewers, Jim Koch and Sam Calagione. The new entity will possess more than half a century or craft brewing experience, a balanced portfolio of leading and “beyond beer” brands at high-end price points, and industry leadership in innovation and quality.
Following the transaction, the combined company will have a leading position in the high end of the U.S. beer market, bringing together Boston Beer’s craft beer portfolio and sales team with Dogfish Head’s portfolio of IPA and session sour brands. The combined company will maintain its status as an independent craft brewery, and will be better positioned to compete against the global beer corporations within the craft beer category that are 50 to 100 times its size, while still representing less than two percent of beer sold in the U.S.