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Anheuser-Busch just bought Seattle craft brewery Elysian Brewing Co.

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Comments

  • haie
    haie Member, Swaye's Wigwam Posts: 24,526 Founders Club

    haie said:

    Sierra Nevada has been offered 3 times by AB, I believe the last offer was in the 60 mil range, and they told them to go fuck themselves. Good for owners getting the money they deserve, good for owners loving their product enough to not let it go to shit. Either way it'll be interesting.

    Snev is a top 3 micro brew producer (Sam Adams and New Belgium are 1 and 3). They're worth a LOT more than Elysian. If Elysian sold for $50 million, $60 mil is an insult.
    Okay, that makes sense. Heard that from my Northern California Superiority friend. Personally, I would throw a shit fit if Valholl was bought out, they have become my new Elysian the last year or so.