PORTLAND, Ore.--(BUSINESS WIRE)--Nov. 29, 2018--
Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), a leading craft brewing
company, announced today that it has completed its acquisition of Boone,
North Carolina-based Appalachian Mountain Brewery (AMB). This
transaction represents the final phase in CBA’s
three partner acquisitions announced October 10, 2018 to unlock the
full value of those brands and continue investing in their growth.
CBA and AMB have been working together since 2015, when AMB entered into
a strategic partnership to leverage CBA’s brewing capacity, marketing
resources, and distribution network to drive growth. With this final
step, both companies will continue with ongoing integration efforts,
which are facilitated by the strong existing relationship.
“Today marks an exciting day for our exceptional AMB team as they
officially join the CBA family,” said Andy Thomas, CEO of CBA. “Since
announcing our plans to bring AMB fully into the fold last month, our
combined teams have been working closely together in anticipation of
Under its purchase agreement with AMB, CBA has acquired the AMB brand,
brewery, brewpub, and cidery and will continue to invest in the local
community through ongoing support of the We Can So You Can Foundation
and other nonprofits. Financial terms of the transaction were not
About Craft Brew Alliance
Craft Brew Alliance (CBA) is a leading craft brewing company that brews,
brands, and brings to market world-class American craft beers.
Our distinctive portfolio combines the power of Kona Brewing Company, a
dynamic, growing national craft beer brand, with strong regional
breweries and innovative lifestyle brands, Appalachian Mountain Brewery,
Cisco Brewers, Omission Brewing Co., Redhook Brewery, Square Mile Cider
Co., Widmer Brothers Brewing, and Wynwood Brewing Co. CBA nurtures the
growth and development of its brands in today’s increasingly competitive
beer market through our state-of-the-art brewing and distribution
capability, integrated sales and marketing infrastructure, and strong
focus on partnerships, local community and sustainability.
Formed in 2008, CBA is headquartered in Portland, Oregon and operates
breweries and brewpubs across the U.S. CBA beers are available in all 50
U.S. states and 30 countries around the world. For more information
about CBA and our brands, please visit www.craftbrew.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181129005671/en/
Source: Craft Brew Alliance, Inc.
Jenny McLean, Director of Corporate Communications