Anheuser Busch-InBev Acquires Two Craft Brewers

February 22, 2015

Anheiser Busch-InBev has acquired Arizona-based Four Peaks Brewing Company, and London-based Cambed Town Brewery within a week’s time.

 

Launched in 1996, Tempeh-based Four Peaks is the largest craft brewer in the state of Arizona. Offerings include its leading seller, a Scottish style ale called Kilt Lifter, which accounts for more than 60% of the company’s sales, while sales of its Pumpkin Porter grew by 150%. The company, which is Anheuser Busch-InBev’s sixth U.S. craft brewery purchase in five years, is expected to sell 70,000 barrels of beer this year.

 

The deal includes Four Peak’s three main locations and the continuation of its partnership at the Sky Harbor Airport facility, according to Beverage Daily.

 

Directly on the heels of the Four Peak acquisition, Anheuser Busch-InBev also acquired London-based Camden Town Brewery, according to Fortune. Through the Camden purchase AB InBev gains a European craft brewer that has increased their annual revenue by ten times from £900,000 to £9 million in only three years, and has grown to sell 12 million pints of beer across 1,000 pubs and bars.

 

The deal comes five months after Camden Town completed a crowdfunding round raising £2,750,860, surpassing its goal of £1.5 million by 83%, to fund the building of their second brewery in London.

 

Although the acquisition of these two additional craft brewers will add to the diversification of A InBev’s portfolio, both deals come as the global industry awaits the outcome of multiple regulatory approval processes that would seal the completion AB InBev’s acquisition of the world’s number two brewer, SABMiller in a deal worth more than $1 billion.

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