Activity comes in bunches it seems. After a few quiet weeks, acquisitions came roaring back into the beer world.
Those who don’t believe in coincidence might think that the news was timed to hide under all the Make America Sick Again healthcare debate.
1. Brooklyn Brewery enters into a sales “platform” with Funkwerks and 21st Amendment
2. Shorts Brewing sells 19.99% to Lagunitas
3. Coronado acquires fellow San Diegan, Monkey Paw Brewing.
4. An un-named SoCal brewery put itself up for sale
Call this a response to having the highest number of breweries in operation ever. For events 1 & 2, it also shows the creative ways that people are staying Brewers Association street legal while growing bigger.
Thanks to a soft Twitter ban and some judicious unfollowing of the Debbie Downers that seem to populate the Tweet-isphere, I haven’t seen much vitriol towards the these moves. Mostly because they avoid the Scarlet A of Anheuser-Busch. Which shows me that some people see what a stain that is on a company and are opting to avoid it.
But if I can get a supply, even limited of Short’s beers in L.A., it is a development that I welcome.