Tilray Brands Acquires BrewDog UK & Ireland Assets for £33 Million

Tilray Brands Acquires Eight Beer and Beverage Brands from Anheuser‑Busch

August 7, 2023

Food & Beverage

Tilray Brands, Inc. has entered into a definitive agreement to acquire eight beer and beverage brands (including associated employees, breweries and brewpubs) from Anheuser‑Busch. The deal covers Shock Top, Breckenridge Brewery, Blue Point, 10 Barrel, Redhook, Widmer Brothers, Square Mile Cider Company and HiBall Energy and is expected to close in 2023, significantly expanding Tilray’s U.S. beverage footprint and production capacity.

High Tide Acquires Queen of Bud Brand

March 15, 2024

Consumer Products

High Tide Inc. has entered into a definitive agreement to acquire all intellectual property and related assets of the Canadian cannabis brand Queen of Bud for CA$1,000,000 (CA$100,000 cash and the remainder in High Tide common shares). Queen of Bud's founder Ashley Newman will remain involved as Global Brand Ambassador as High Tide integrates the brand into its in-house portfolio to expand its consumer product and ancillary offerings domestically and internationally.

St Peter's Brewery Acquires Curious Brewery (and Wild Beer Co brands)

October 7, 2023

Food & Beverage

Suffolk-based St Peter's Brewery has acquired Curious Brewery, and through that purchase has also taken control of the Wild Beer Co brands that Curious acquired out of administration. Curious had been owned by Luke Johnson’s private equity firm Risk Capital Partners since 2021; the deal is reported to have been made by the investor group that acquired St Peter’s in 2021.

Carlsberg Group Acquires Waterloo Brewing

March 7, 2023

Food & Beverage

The Carlsberg Group completed its acquisition of Waterloo Brewing Ltd., finalised on March 7, 2023, following shareholder approval. The all-cash transaction (C$144 million) brings Waterloo's Kitchener brewing and RTD production capabilities into Carlsberg's portfolio to accelerate growth in the Canadian market and produce some Carlsberg brands locally.

Tilray Acquires Aphria to Create New Tilray (Business Combination)

May 3, 2021

Consumer Products

Tilray and Aphria completed their previously announced business combination, with Aphria shareholders receiving 0.8381 Tilray shares for each Aphria common share. The combined company will operate as Tilray, creating a global cannabis consumer packaged goods leader with expanded geographic footprint, product portfolio and targeted annual pre-tax cost synergies of approximately US$81 million.

Parlay 6 Brewing Company Acquires Majority Stake in Lead Dog Brewing Company

February 1, 2026

Food & Beverage

Parlay 6 Brewing Company has acquired a majority stake in Lead Dog Brewing Company in a deal structured as a long-term partnership for collaboration and growth in northern Nevada’s craft beer community. Parlay 6 will manage Lead Dog’s day-to-day operations while the original Lead Dog ownership team retains equity and continues to guide the brand’s long-term vision.