Trade Resources Industry Views Anheuser-Busch Agrees to Buy Texas Craft Brewer Karbach Brewing

Anheuser-Busch Agrees to Buy Texas Craft Brewer Karbach Brewing

Beer giant Anheuser-Busch has agreed to acquire Texas craft brewer Karbach Brewing for an undisclosed sum.

Karbach Brewing, which was established in 2011, produced 17,000 barrels of beer in 2013.

Its production capacity reached 40,000 barrels just over a year later.

The brewery constructed a new brewhouse at the end of 2014 to further expand its capacity.

Karbach joins a portfolio of craft breweries within The High End, the business unit within Anheuser-Busch that concentrates on its craft and import brands.

The High End president Felipe Szpigel said: “Karbach has built a unique, thriving brand rooted in the Texas spirit.

“From the beginning, they have shown creativity and passion with the super beers they brew, and they’ve been able to use their unique offerings to appeal to the laid back lifestyle that resonates with Texans."

Anheuser-Busch aims to invest in Karbach to acheive a brewing capacity of 150,000 barrels per year by 2019.

Karbach Brewing co-founder Chuck Robertson said: “While we are joining a talented and innovative group of craft breweries in The High End, Karbach will retain a high level of independence, and the existing management and brewing teams will continue to drive culture and strategy, all while having fun building our brands.”

Karbach’s MainStay brews include Hopadillo IPA, as well as a kolsch Love Street, a pale ale Weekend Warrior and Weisse Versa Wheat. 

Its seasonal lineup includes Karbachtoberfest, that is cliamed to have captured the fun, outdoor loving spirit of Texas beer aficionados.

Source: http://www.drinks-business-review.com/news/anheuser-busch-buys-karbach-brewing-in-craft-beer-acquisition-spree-041116-5658328
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