Announcing what would create a beer behemoth controlling nearly one third of the world’s beer supply, Belgium’s Anheuser-Busch InBev NV and SABMiller plc said the companies have reached agreement in principle on the key terms of a possible takeover by AB InBev.
MilllerCoors, a joint venture between beverage companies SABMiller and Molson Coors Brewing Company, said it will close its Eden, N.C. brewery in September of next year.
Dutch brewing company Heineken has purchased a 50 percent stake in the California-based Lagunitas Brewing Company to capitalize on the growing American craft beer movement.
It might not go great with milk, but the iconic cereal brand Wheaties has teamed up with Minneapolis, MN-based craft brewery Fulton to create a limited edition beer, according to General Mills, manufacturer of Wheaties which made the announcement on its blog this week.
A California federal judge dismissed a lawsuit this week against Maker’s Mark distillery that alleged the bourbon manufacturer mislead its customers by marketing and promoting its products as handmade.
Pabst Brewing Company, known for its flagship Pabst Blue Ribbon beloved by hipsters, said the company will return to its birthplace of Milwaukee, WI to open a new brewery nearly 20 years after production moved away from its hometown.
