Business Strategies / Industry News

Anheuser-Busch to Acquire Breckenridge Brewery

By Dave Fusaro, Editor in Chief

Dec 23, 2015

Anheuser-Busch on Dec. 22 announced it will acquire Breckenridge Brewery, making the Littleton, Colo., firm the seventh craft brewery to join The High End, Anheuser-Busch’s business unit of craft and import brands. Terms of the sale were not disclosed.

“We’re excited about the partnership and have been encouraged to continue on our path and become more innovative moving forward,” said Todd Usry, Breckenridge president “I’m a believer in what The High End is focused on accomplishing, and we are flattered that our team was chosen to help guide that journey. We’re looking forward to utilizing resources like decades of research and brewing expertise as we continue to create new beers.”

Available in 35 states, Breckenridge Brewery will sell approximately 70,000 barrels of beer in 2015. The brewery will continue to make its unique portfolio of beers, including Vanilla Porter, Agave Wheat, seasonal specialties and barrel-aged beers.

The deal includes the company’s new production brewery and Farm House restaurant in Littleton, and original brewpub and current innovation center in the mountain town of Breckenridge. But it does not include businesses that will continue to be owned by the Breckenridge-Wynkoop management group, including: Ale House at Amato’s in Denver, Breckenridge Ale House in Grand Junction, Breckenridge Colorado Craft in Denver, The Cherry Cricket in Denver, Mainline in Fort Collins, Phantom Canyon Brewing Co. in Colorado Springs and Wynkoop Brewing Company in Denver.

The High End is a business unit of Anheuser-Busch, "created to provide its unique craft and European import brands with autonomy and support for growth, while fostering a collaborative environment for the brightest brewers in the beer community." The High End includes brands such as Stella Artois and Shock Top, along with craft breweries Goose Island Beer Co., Blue Point Beer Co., 10 Barrel Brewing, Elysian Brewing Co., Golden Road Brewing and Four Peaks Brewing Co. Andy Goeler is "CEO-Craft" of The High End.