Sapporo U.S.A. Acquires Stone Brewing

Sapporo Holdings Acquires Anchor Brewing Company

August 3, 2017

Food & Beverage

Sapporo Holdings Limited will acquire all equity interest in Anchor Brewing Company from parent Anchor Brewers & Distillers, LLC for $85 million, in a deal expected to close on August 31, 2017. Sapporo said the acquisition supports its "SPEED 150" plan to expand its North American beer business and will keep brewing operations in San Francisco while leveraging Sapporo's global distribution to grow Anchor internationally.

Dokkaebier Acquires Federation Brewing

April 6, 2023

Food & Beverage

Dokkaebier, an Asian-influenced craft brewery based in Oakland, acquired Federation Brewing and will continue operating the Oakland brewery and taproom while retaining the existing workforce. The acquisition strengthens Dokkaebier's local presence and expands its taproom and production footprint in the Bay Area.

Aphria Acquires SweetWater Brewing Company

November 5, 2020

Food & Beverage

Aphria, Inc. agreed to acquire SweetWater Brewing Company in a transaction valued at approximately $300 million, marking Aphria’s strategic entry into the United States. The deal results in TSG Consumer Partners exiting its minority stake; SweetWater will continue operating from its Atlanta, Georgia brewery with broad distribution across the U.S.

Cold Spring Brewing Company Acquires Carolina Beverage Group, LLC

May 16, 2018

Food & Beverage

Cold Spring Brewing Company, a Brynwood Partners portfolio company, has acquired 100% of the stock of Carolina Beverage Group, LLC from SunTx Capital Partners and other selling shareholders. The combined business, to be named Carolina Beverage Group and headquartered in the Charlotte, North Carolina area, creates one of the largest independently owned contract manufacturers in the beverage sector and expands Brynwood's manufacturing footprint and capabilities.

Cape May Brewing Co. Acquires Flying Fish Brewing Co.

April 25, 2023

Food & Beverage

Cape May Brewing Co. has acquired all assets of Flying Fish Brewing Co., including its Somerdale tasting room, in a deal intended to expand Cape May's production, warehouse capacity and regional distribution. Beers from both breweries will continue to be sold independently while Cape May leverages the acquisition to grow its craft beer, hard seltzer and malt beverage offerings across New Jersey, Pennsylvania and Delaware.

Brynwood Partners VII L.P. Acquires Cold Spring Brewing Company

August 4, 2017

Food & Beverage

Brynwood Partners VII L.P. has acquired Cold Spring Brewing Company, Inc. from the Lenore family. The private equity firm said Cold Spring will operate as a standalone company but will benefit from the scale and national distribution and manufacturing footprint of Brynwood’s Harvest Hill Beverage Company investment to support growth and private-label/co-manufacturing opportunities.