Is AB InBev trying to acquire yet another craft brewery?
Much has been written about AB InBev’s impending mega-merger with SABMiller. AB InBev’s acquisition of several popular craft breweries in the U.S. has similarly caught many in the craft beer industry by surprise and drawn the ire of its supporters. In the last number of years, AB InBev has been quietly developing its business unit of craft brands, called “The High End”, which already includes Goose Island, Blue Point Brewing, 10 Barrel Brewing, Elysian Brewing, Golden Road, Breckenridge Brewery, Four Peaks and Virtue Cider. Now, there is speculation that AB InBev is trying to purchase another popular craft brewery – Florida’s Cigar City Brewing. Read the story here.