USA: AB-InBev acquires Breckenridge Brewery

AB-InBev, the world’s leading brewer, has signed a deal for the acquisition of Breckenridge Brewery, according to a report in Fortune.

The acquisition is AB-InBev’s latest investment in the craft beer segment in a matter of days, with the company having secured the purchase of UK-based Camdem Town Brewery and Arizona’s Four Peaks Brewing within the space of a week.

Breckenridge Brewery is one of the largest of AB-InBev’s craft acquisitions, Fortune reports, ranking 50^th on the Brewers Association’s list of the 50 largest US craft brewers in 2014 and with volume sales expected to reach about 70,000 barrels in 2015. The company produces a broad portfolio of beers, brewing varieties such as vanilla porter and agave wheat.

Financial terms of the deal were not disclosed.

Source: Fortune