Thread: Craft Beer
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Old 08-01-2017, 10:12 AM   #42
Pricestavern
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Default Craft Brew Takeover Done 'Right'

Quote:
Originally Posted by Biggd View Post
I think they they will keep the big profitable ones up and running under the same names. The smaller ones that get bought out will get merged into the larger craft brewing companies. The old saying goes, if you cant beat em join em, or buy them.

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Blue Point Brewery (Patchogue, Long Island, NY) was purchased by Anheuser-Busch InBev back in 2014. I think that they may have learned their lesson when it comes to purchasing a craft brewery. The brewery remains in Patchogue and the owner/brewers are still in charge of production. In return, they have access to InBev's massive distribution network and deep pockets for expansion. Though I'm not happy about them being bought out, if it's got to be done then this is the way to do it.
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