American leading beverage company has announced that it has formed a joint venture to acquire independent craft brewer Uinta Brewing for an undisclosed sum.
Founded in 1993, Uinta produces award-winning beers in a wide variety of styles and flavours.
“Uinta is a strong brand with a state-of-the-art brewery. The team and culture that has been developed over the years is second to none in the industry,” said Justin Fisch, president of US Beverage. “The acquisition of Uinta creates tremendous opportunities and synergies, and we share a robust strategic vision for the future.”
“I am thrilled to have the opportunity to collaborate with US Beverage to expand opportunities for our brewery, advance our current initiatives, and invest in our future,” said Jeremy Ragonese, president of Uinta.
Source: PR Newswire