New Belgium Brewery Goes Flat

I’ve been wondering when the craft beer market would begin consolidating. A few years ago, shockwaves went through the Cascadia craft beer community when 10 Barrels sold to Anheuser-Busch and worse, Full Sail sold to an investment company. New Belgium, around that time, also acknowledged that they would be open to a seller. There was another ESOP brewery in Oregon that sold as well, but I can’t remember the name. It was notable because, as with Full Sail, the trustees were the founders. At this brewery, the couple that were trustees also had a majority share. They said that they wanted the workers to vote on the sale so that they could “feel like owners.” ugh.

Read the rest at The Workers' Paradise