(San Francisco, CA) – Sapporo U.S.A., maker of the primary promoting Asian beer model in america, and Stone Brewing, one among America’s largest and most revolutionary craft beer manufacturers, have reached an settlement for Sapporo U.S.A. to amass Stone Brewing. Supporting each enterprise’ long-term development methods within the U.S. market, the transaction is predicted to shut in August 2022.
This east-meets-west acquisition brings collectively the complementary strengths of Japanese artistry and innovation with the American craft brewing custom in a fusion of cultures creating power and development potential for each manufacturers. Sapporo positive aspects main, high-quality brewing capability on each U.S. coasts that may allow it to considerably improve manufacturing to fulfill the sturdy client demand of its Sapporo-branded beers for the home market. Stone Brewing positive aspects the assets of the biggest Asian beer model in America and its dedication to protect Stone’s legacy, tradition and revolutionary method to craft brewing.
Sapporo intends to provide its Sapporo-branded beers for U.S. distribution in Stone’s two state-of-the-art breweries, in Escondido, California and Richmond, Virginia. Constructing on current capabilities, and supported by deliberate capital investments, Sapporo intends to brew 360,000 barrels within the U.S. by the tip of 2024. This can basically double Stone Brewing’s present manufacturing and supply ample alternatives for development for each manufacturers.
“We approached Stone Brewing searching for a associate for our development plans within the U.S, and we rapidly acknowledged they had been a great associate with bi-coastal brewing capability, loyal followers, very good administration, shared cultural values, and dedication to the best high quality requirements,” mentioned Kenny Sadai, Chairman, Sapporo U.S.A. “This acquisition places the assets and legacy of the biggest Asian beer model in America along with one of the crucial revolutionary and acknowledged craft beer manufacturers on the earth. It’s an ideal fusion of east meets west that is a perfect marriage for Sapporo’s long-term development technique within the U.S.”
Underneath the settlement, Stone Brewing will proceed to brew its celebrated craft beers on the two breweries, in addition to function its seven Faucet Rooms and World Bistro & Gardens locations with current branding, administration and workforce underneath the Sapporo umbrella. Finest identified for its award-winning beers like Stone IPA, Stone Scrumptious IPA and Stone Buenaveza Salt & Lime Lager, Stone will proceed to brew with the identical recipes and passionate group as earlier than.
“That is the proper subsequent chapter for Stone Brewing,” mentioned Greg Koch, Co-Founder & Government Chairman of Stone Brewing. “For 26 years, our superb group has labored tirelessly to brew beers which have set tendencies and redefined expectations. To have the curiosity of an organization like Sapporo in persevering with the Stone story is a testomony to the nice beers we’ve created and can proceed to create for our followers throughout the globe.”
“I’m thrilled that we have now the chance to hitch forces with Sapporo,” mentioned Maria Stipp, CEO of Stone Brewing. “This distinctive partnership permits us to protect the Stone legacy that our followers know and love and can add exponential alternatives for development, from manufacturing to extra funding in folks, gear, gross sales, and advertising and marketing.”
Stone is the second acquisition within the rising craft brew section of Sapporo U.S.A.’s enterprise. Alongside Anchor Brewing Co., which was acquired in 2017, the acquisition continues the legacy of nice manufacturers coming collectively underneath the Sapporo banner. Anchor Brewing operations will stay unchanged.
Stone Distributing Co., Stone Brewing’s distribution enterprise, isn’t a part of the sale, and can develop into an unbiased firm underneath present possession, sustaining its present management of day-to-day operations. Stone Distributing is a number one distributor within the nation’s largest craft market and can proceed to service Southern California with a portfolio of 42 distinctive craft manufacturers, together with Stone Brewing. As a separate entity from Stone Brewing, it’s going to function because it does at the moment and with elevated funding in its manufacturers, folks and future.
For extra info, please go to: Stone Brewing and Sapporo Beer.
