Anheuser-BuschInBev Buys Karbach

Karbach Brewery

Today Karbach announced Anheuser-BuschInBev is purchasing the fast-growing craft brewery. Karbach will be the latest feather in the beverage giant's cap, joining the operation's High End business unit alongside brands like Stella Artois, Goose Island and Elysian. Terms of Karbach's deal were undisclosed, but the deal isn't surprising to the Houston craft brewing community.

Brewery founders Ken Goodmand and Chuck Roberston said existing management and brewers will remain largely unchanged, saying the company will retain most of its independence. "The financial piece wasn't that important, at the end of the day, it was the resources," Goodman told the Houston Chronicle.

This year has rattled the craft brewing industry. To date, over a dozen small craft breweries have been bought out by large companies like ABInBev and MillerCoors. Many craft beer fans have a hard time making the switch. Fans of beer worry that small, independent brands get pushed off the shelves and left off menus to make space for products from the big brands that have the muscle to move the market. Making matters worse for small brands, MillerCoors and ABInBev are trying to push through a $103B merger. [Chron]

Continue reading this story with a free account

Log in or register
Related Topics: ABInBev , Karbach Brewery
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

Global Volatility Giving Boston Industrial Tenants Pause On Long-Term Deals

FedEx's Consolidation Plan Puts $3B Of CMBS Debt In Crosshairs

Houston-Area Manufactured Home Community Offering Units Below $90K

Ares, Canadian Pension Investor Launch $2.4B U.S. Logistics JV

REPORT: Amazon Eyes Next Industrial Push With Plans To Expand Same-Day Deliveries

Lineage Suing Solar Company Altus Power Over Boyle Heights Warehouse Fire

16K SF Restaurant, Event Space Opens At 5POP Office: The Houston Deal Sheet

SpaceX Sues Texas AG, Grimes County Over Terafab Project Information

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Data Center Demand Has Made IOS An Institutional Capital Playground

How Prologis Conquered The World