Anheuser-Busch adds Breckenridge Brewery to growing craft beer stable

Breckenridge Brewery beers include Avalanche Amber Ale, Oatmeal Stout, Vanilla Porter and Agave Wheat. Anheuser-Busch InBev announced in December 2015 that it would acquire the Colorado-based brewery. | Courtesy of Paul Swansen/Flickr
Breckenridge Brewery’s beers include Avalanche Ale, Oatmeal Stout, Vanilla Porter and Agave Wheat. | Courtesy of Paul Swansen/Flickr

Anheuser-Busch is buying Colorado-based craft brewer Breckenridge Brewery, marking the second announcement in the last week of a craft brewery acquisition by the St. Louis-based beer maker.

Established in 1980, Breckenridge is on pace to produce 70,000 barrels of beer this year. The Littleton, Colo.-based brewer’s offerings include Agave Wheat, Avalanche Ale, Breck IPA and Oatmeal Stout.

The deal is expected to close in the first quarter of 2016. Terms were not disclosed.

Just days before announcing the Breckenridge deal, Anheuser-Busch unveiled plans to buy Four Peaks Brewery, the largest craft beer operation in Arizona.

Also this week, Anheuser-Busch InBev, the Belgian parent company of Anheuser-Busch, announced it would purchase Camden Town Brewery, a craft brewer based in London.

The acquisitions mark the continuation of a trend over the last two years. Since the start of 2014, A-B InBev’s craft and import unit, The High End, has bought up several craft breweries, including Blue Point Brewing from Patchogue, N.Y.; 10 Barrel Brewing from Bend, Ore.; Elysian Brewing from Seattle; and Golden Road Brewery from the Los Angeles area.

At the same time, A-B InBev has offered incentives for distributors that have raised concerns and opposition among craft brewers, who fear the world’s largest brewer is trying to monopolize shelf space at liquor stores.

Read more from the St. Louis Post-Dispatch and Bloomberg


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