Avery Brewing Co. Announces Sale of Minority Stake (30%) to mahou san miguel. discussion in ‘Beer News & Releases’ started by Todd, Nov 28, 2017.
Avery Brewing has announced an expanded partnership Mahou San Miguel. The Madrid, Spain brewing company now has a 70% stake in Avery. In November 2017 Mahou took a minority stake in Avery after brewery founder Adam Avery and his father had been searching for the right strategic partner.
We are honored to announce that Mahou san miguel (mahou), Spain’s most prominent and oldest brewer, will be our new partner. Mahou is a 125-year-old seventh-generation-family-owned brewery based in Madrid, and they are coming on as a minority investor in Founders. Mahou will help us grow to be an internationally recognized brand.
Avery Brewing Sells Minority Stake to Mahou San Miguel. Founders annouced a 30% minority stake investment by Mahou San Miguel in December, 2014. Representatives from Avery have confirmed that their investment also falls near the 30% minority ownership range. The significance being that Avery will no longer be considered a craft brewery under the Brewers Association’s definition of craft beer.
Mahou San Miguel is a Spanish brewing company, founded in Madrid in 1890 under the name of Hijos de Casimiro Mahou, fabrica de hielo y cerveza (The Sons of Casimiro Mahou, production of ice and beer).. Mahou San Miguel is the leading brand in the Spanish beer market.
Mahou San Miguel joins North American brewer Avery Brewing. It acquires a 30% share of this craft brewer located in Colorado, one of the highest valued with greatest recent growth in the United States. Thanks to this agreement, both brewers will promote the organic growth of Avery Brewing investing in innovation and quality.
Drinks acquisition news : Spanish beer company Mahou San Miguel has struck a deal to acquire a stake of 30% in Avery Brewing, a Coloroado craft brewer, for an undisclosed price as part of its global expansion strategy. Founded in 1993 by Adam Avery, a home brewing enthusiast, Avery Brewing has distribution of its craft
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Mahou San Miguel is upping its stake in Colorado's Avery Brewing, and. Founders, will purchase a 40 percent stake in Avery Brewing for an.
Announced today, Mahou, along with Founders, will purchase a 40 percent stake in Avery Brewing for an undisclosed sum.
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Mahou San Miguel previously owned a 30% stake in Avery, so the latest purchase gives Mahou and Founders a 70% stake in the brewer.