We’re focused on year 2 of our national expansion of Hop Valley and accelerating growth of Terrapin, Revolver and Atwater in regional markets. “We have a healthy portfolio of regional craft brands, led by Leinenkugel’s which is on the verge of a historic turnaround. Prior to joining SAB Limited in 1997, he spent almost 10 years with Barloworld Limited in various finance positions. Products, Beer, malt beverages, energy drinks, spirits and wines. He came to Miller Brewing Company from SAB Limited of Johannesburg, South Africa, where he held several financial management positions before becoming Chief Financial Officer in 1999. “Tenth & Blake remains committed to building our craft business,” Verdu added. The Molson Coors Beverage Company is an American-Canadian multinational drink and brewing. The beer is awesome, the brand is awesome, but it was just hit with a series of challenges we weren’t able to overcome.” The official website of Molson Coors Beverage Company, which for more than two centuries has been brewing beverages that unite people for all of lifes. That isn’t a reflection on how great Saint Archer beer is, or the passion or the efforts of our team in California. “We tried to do everything we could to keep the brand going, but it just wasn’t financially viable to continue operating. “We’ll maintain ownership of the Saint Archer brand as we determine the best long-term plan and remain focused on growing our regional breweries that continue outpacing home-market competitors.” Tenth and Blake Beer Company, our craft and import division, is the home to craft brewers Hop Valley Brewing, Revolver Brewing, Saint Archer Brewing Company and. Unfortunately, the overall business has struggled to grow despite investing significant resources behind its production and commercialization,” says Paul Verdu, vice president of Tenth & Blake, Molson Coors’ U.S. We are proud to be the premier beverage distributor of Beer, Wine, Spirits and Non-Alcoholic beverages in Central California. “The Saint Archer team has built a distinct brand that has a very loyal following in Southern California. Each company brought different products to the table, but it. has announced plans to cease production at its Irwindale brewery by September, but the facility could re-emerge under new ownership. Saint Archer was founded in 2013 and acquired in 2015 by Molson Coors at the height of craft beer’s second emergence. Almost six years ago, Miller Brewing Company and Coors Brewing joined forces to form MillerCoors. Kings & Convicts, headquartered in San Diego and Highwood, Ill., plans to retain operations and retail team members at both locations.” MillerCoors brews full-calorie beers Coors Banquet and Miller Genuine Draft and economy brands Miller High Life and Keystone Light. This has been an interesting day for beer news.įirst news of the Uinta Brewing acquisition and now we’ve learned that Molson Coors is putting an end to its production of Saint Archer Beer immediately and will sell its San Diego-based brewery and taproom to Kings & Convicts Brewing Co., which owns the Ballast Point brand.Īs part of the deal, Kings & Convicts will reportedly “take over Saint Archer’s 100,000-barrel capacity Miramar brewery and adjoining taproom, as well as its 1,200-square-foot taproom in Leucadia, Calif.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |