Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

Molson Coors Buys Detroit Brewer

foodprocessing 2020-01-27
Share       

Molson Coors has announced plans to buy Atwater Brewery, a Detroit-based regional craft brewer.

Atwater, founded in 1997, produces German-style lagers and light ales, including Dirty Blonde and Vanilla Java Porter. Its award-winning products include Better Life Choices, an American IPA that was named a top-10 IPA by Beer Connoisseur magazine, and Decadent Dark Chocolate, which won bronze in the World Beer Cup.

Terms of the deal were not disclosed. Atwater will be brought into Tenth and Blake Beer Co., Molson Coors’ craft unit, which include Leinenkugel’s and several others. The Atwater business will continue to be run by owner Mark Rieth and the current management team. Rieth told the Detroit News that it has not been decided whether there will be any changes to wher or how Atwater products are brewed.

Tenth and Blake showed volume growth of 16% last year, according to Molson Coors. The company as a whole, on the other hand, showed a net sales dro of 2% in 2018 (the last full year available) over 2017. That mirrors the situation in the beer industry as a whole, wher craft beer sales have been growing for decades while most mainstream beers languish or decline.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

Genlai Fructose

Genlai Fructose

Green Coffee Bean Extract

Green Coffee Bean Extract

Yuankang fruit products

Yuankang fruit products

Fermented fruit & veggie powder

Fermented fruit & veggie powder

FD maidenhairtree2

FD maidenhairtree2

Nuclese NP1

Nuclese NP1

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121