AB-InBev is the largest brewer in the world with a 25% share of the global market. The purchase of the smaller Mill Street Brewery is just the latest in a series of recent acquisitions. The company purchased Elysian Brewery in Seattle, WA, at the beginning of 2015 in a move that saw considerable criticism and led to the resignation of founder Dick Cantwell only three months later. Cantwell had been with the company for twenty years before resigning. A few months earlier, in November 2014, the sale of Bend, Oregon’s 10 Barrel to AB-InBev received similar sentiments.
Now, InBev, through its subsidiary Labatt, has turned its sights on Canada, purchasing Mill Street Brewery. Mill Street was founded in 2002 and brews the largest amount of organic beers in Canada, including their flagship beer, the Original Organic Lager, among 70 other styles of beers. Labatt plans on investing $10 million in Mill Street in order to increase production and distribution. “Our partnership and investment will accelerate its growth in one of the most dynamic beer segments, while fully preserving Mill Street’s creative character and pioneering spirit,” Labatt president Jan Craps said in a statement.
Craps’ statement echoes the proposed intentions of AB-InBev’s acquisitions--the goal, they say, is to maintain the quality of the smaller breweries while helping them with production and distribution. Critics, however, warn that the consolidation of once independent breweries under the ownership of a single entity will stifle the very creativity that defines the craft brew scene. Still, for every brewery that is bought up by a larger organization, many more spring up.
Photo via Mill Street Brewery
Have you ever dreamed of having an amazing home bar, filled with bottles you actually use and the tools you need to execute a fine crafted cocktail? E...read more ›
In this history segment, we take a closer look at a classic cocktail: The Boulevardier....read more ›
If you're a frequent Negroni drinker, always order Wild Turkey Bourbon in your old fashioneds, or prefer your ...read more ›
For this exciting installment of Behind the Bar, we had the incredible opportunity to sit down with Liana Oster, the head bartender at Dante in New Yo...read more ›
PBR has launched their own whiskey. Let's keep an open mind and see what is inside this bottle....read more ›
There's a new investigative series about one of the biggest scandals to ever hit the wine world....read more ›
Scientists may have discovered a more environmentally friendly way to make one of the world's most popular spi...read more ›
Negroni Week 2019 is June 24-30, so drink this classic cocktail for a good cause....read more ›
If you're taking an Uber, Lyft, or cab and feel unsafe, there are steps you can take to protect yourself....read more ›
This time on Behind the Bar, we spoke to Kat Corbo of The Study, who recently won Speed Rack 2019....read more ›
In a huge move for the American craft beer community, Boston Beer and Dogfish Head have agreed to a merger valued at $300 million dollars. ...read more ›
A new, high-end blend of Jack Daniel's whiskey, known as Jack Daniel's No. 27 Gold, which was previously only ...read more ›