In May of 2018, work began on the acquisition of New Belgium Brewing Company, which is commonly known as Fat Tire Brewery, by Japanese drinks company Kirin Holdings Co. Ltd for $one billion. The agreement, which was announced in October of that same year, will see Kirin Brewing become New Belgium’s new parent company as part of its international expansion.
Founded in Fort Collins, Colorado over 30 years ago, New Belgium is one of the oldest breweries in the United States, and the craft beer brand carries a bit of nostalgia for many of the co-founders and craft beer enthusiasts.
Since becoming the fourth biggest craft brewery in the US, the company has established quite the following, with its flagship beer – Fat Tire Amber Ale – gaining worldwide recognition. With Kirin Co.
Ltd bolstering New Belgium Brewing’s capabilities and distribution, the company will be able to continue being one of the trendsetters in craft beer. The deal comes a year after Kirin Co. Ltd. acquired a 25 percent stake in Brooklyn Brewery, another popular craft brewery.
The acquisition also continues Kirin Holdings’ aggressive international expansion, which started in 2017.
Who bought New Belgium Brewing Company?
On November 19, 2019, it was announced that Lion Little World Beverages, a subsidiary of the Japanese beverage giant Kirin Holdings, had purchased New Belgium Brewing Company. New Belgium Brewing Company was founded by Kim Jordan and Jeff Lebesch in Fort Collins, Colorado in 1991 and produces an impressive variety of craft beer favorites, from IPAs and ambers to Belgian-style witbiers, sours, and an ever-growing variety of seasonal beers.
Lion Little World Beverages is a global beverage company focused on craft beer, cider, craft spirits, and other innovative drinks, and the addition of New Belgium Brewing Company to the Lion family of brands will expand the beverage company’s portfolio and presence in the United States.
The purchase did not include the other operations that New Belgium has, such as the New Belgium Brewing Company’s wholesaling business, New Belgium Clips & Reels and its philanthropic arm, UpCycle.
What happened Fat Tire?
Fat Tire is a popular craft beer brand that was introduced to the U. S. market in 1991. It is produced by New Belgium Brewing Company, which is based in Fort Collins, Colorado. It is an amber ale with a malty sweetness and a distinctive hoppy finish.
Fat Tire first gained popularity in US states such as Colorado, Wyoming, and Montana, but gradually became a national brand.
The beer is named after the founder of New Belgium Brewing Company, Jeff Lebesch. Jeff was inspired by a bike ride through Belgium and wanted to create a beer with a flavor reminiscent of that trip. Jeff and his wife Kim developed their own recipe for an amber ale, which amounted to what is now known as the classic Fat Tire.
Today, the beer is widely available across the US in both bottles and on tap, and it has become a classic in the craft beer world. Over the years, New Belgium Brewing Company has expanded their beer lineup to include other popular brews such as Voodoo Ranger IPA, Citradelic Tangerine IPA, and Ranger Chocolate Coconut Porter.
Fat Tire has remained their flagship beer, and its unique taste continues to provide beer drinkers with a unique and flavorful experience.
How much did New Belgium Brewery sell for?
In October of 2019, it was announced that New Belgium Brewing Company had been sold to Lion Little World Beverages, a subsidiary of Japanese beverage company Kirin. The sale price was reported to be $700 million.
Founded in 1991 by Jeff Lebesch and Kim Jordan, New Belgium Brewing Company is the fourth largest craft brewery in the United States. The company is known for its flagship beer, Fat Tire Amber Ale, as well as a variety of other popular brands such as Voodoo Ranger and La Folie Sour Brown.
New Belgium is also widely recognized for its sustainability efforts, becoming the first carbon-neutral brewery in the world back in 1998.
Lion Little World Beverages is a subsidiary of Kirin, one of the largest brewing companies in Japan. Kirin acquired a majority stake in Lion in 2009, and the two companies have been working together since then to produce a variety of alcoholic beverages.
The purchase of New Belgium is part of Kirin’s efforts to expand its global reach and grow its craft beer portfolio.
With the purchase of New Belgium, Lion Little World Beverages becomes the third largest craft brewery in the United States. The company plans to maintain New Belgium’s independence and continue its commitment to sustainability.
Jeff Lebesch and Kim Jordan will remain with the company in advisory roles.
Does Budweiser own New Belgium?
No, Budweiser does not own New Belgium. Budweiser is owned by Anheuser-Busch InBev, a large brewing conglomerate that owns over 400 beer brands, including Budweiser, Stella Artois, Corona, and Michelob Ultra.
New Belgium, on the other hand, is a U. S. -based craft beer producer that operates independently from any larger brewing conglomerates. It was founded in 1991 by Jean and Kim Jordan, who wanted to bring Belgian-style craft beer to the United States.
The company has grown since then to become one of America’s leading craft beer producers, but remains independent and not owned by Budweiser or any other large brewing conglomerate.
Is New Belgium Brewery still employee-owned?
Yes, New Belgium Brewery is still employee-owned. The brewery was founded in 1991 in Fort Collins, CO by Kim Jordan and Jeff Lebesch and was the first craft brewery owned by its employees in the US. Today, the company is 100% employee-owned, with over 500 employees being part owners in the business.
The brewery’s ownership structure also enables employees to help set the direction of the business and ensures that their voices are heard when strategic decisions are being made. It also allows employees to benefit from the success of the brewery, as equity plans offer them the chance to become partial owners.
This helps to further align their passion for the beer with the future of the business, making for an engaged and invested work environment.
How much did Stone sell for?
Stone, a mobile security company, was sold to Citrix for an undisclosed amount in March 2015. Although the specifics of the deal were not made public, it was reported that Stone raised more than $25 million in venture capital funding, with a valuation of about $100 million.
This suggests that Citrix paid at least that much for the company.
According to an article from Fortune, the goal of the acquisition was to help Citrix overtake Microsoft in certain areas of the enterprise mobility sector. This suggests that Citrix was willing to pay a premium for Stone, and that the deal amount was likely well over $100 million.
Is New Belgium owned by Coors?
No, New Belgium Brewing Company is an American craft beer company based in Fort Collins, Colorado, that is owned and operated by a 100% employee-owned ESOP (Employee Stock Ownership Plan). Founded in 1991 by Jeff Lebesch and Kim Jordan, New Belgium is the fourth-largest craft brewery in the United States.
Since its founding, New Belgium has not been owned by Coors or any other large brewing corporation.
Who acquired bells?
In 1872 Alexander Graham Bell, an inventor and scientist, was granted a patent for the invention of the telephone. Bell, together with his assistant Thomas Watson, successfully transmitted the first telephone call from one room to another on March 10, 1876.
As the popularity of this invention grew, Bell established the Bell Telephone Company (now AT&T) to handle the manufacture and maintenance of the telephone and its components. Bell also established the first telephone exchange in 1877 and started selling telephones to businesses and individuals.
By 1879, Bell’s company had acquired 494 telephone subscribers. Today, AT&T and other telecom companies are the primary owners of telephone bells. Bell-type ringing is still used in many telephone networks around the world and is the most common and reliable way to signal incoming calls on residential and business lines.
Who bought Oskar Blues?
In June of 2019, Artisanal Brewing Ventures (ABV) announced they had completed the purchase of majority ownership of Colorado-based Oskar Blues Brewery. Oskar Blues, which is known for its flag ship beer, Dale’s Pale Ale, is the original craft beer in a can.
ABV is a partnership between Ulysses Management and the highly credentialed beer entrepreneurs Jerry & Kelly Jordan, Teri & Jason Roehm, and Tony Magee. This acquisition adds a significant craft brand to the ABV portfolio along with Southern Tier, Victory Brewing Company, Sixpoint Brewery, and Revolution Brewing.
ABV aims to grow collaboration between their partner breweries and help speed up innovation and creativity within the craft beer industry. With the addition of Oskar Blues, ABV now has a strong presence throughout the US with two new breweries, one in Texas and one in North Carolina.
This was a positive move for Oskar Blues, allowing them to become a larger force in the craft beer industry, and a smart decision for ABV, giving them access to a long-time industry veteran with a successful business model.
Did New Belgium buy Bell’s brewery?
No, New Belgium did not buy Bell’s brewery. Bell’s brewery is a Michigan-based brewery founded in 1985. They are the oldest and largest craft brewery in the state. New Belgium Brewing is a Colorado-based brewery founded in 1991.
They produce a variety of craft beers and offer their products across the United States. The two breweries are not related in any way. There have been some rumors in the past of New Belgium potentially acquiring Bell’s brewery, but no such deal has ever been finalized.
However, the two breweries do have a co-branding agreement in place that allows both of them to distribute their beers in each other’s markets.
Did Bell’s brewery get sold?
Yes, Bell’s Brewery was sold in 2021. The Kalamazoo-based brewery was acquired by Anheuser-Busch InBev in a deal that was announced on March 12th, 2021. The acquisition makes Bell’s Brewery the second-largest craft brewery in the United States and the first to be acquired by the world’s largest brewing company.
Bell’s Brewery was founded in 1985 by Larry Bell and has grown to become one of the most popular and successful craft breweries in the United States. The terms of the sale were not disclosed, but Anheuser-Busch InBev reportedly paid $250 million to acquire a majority stake in Bell’s Brewery.
It is expected that the acquisition helps Anheuser-Busch expand its craft beer portfolio and take Bell’s Brewery to the next level. Larry Bell will remain as the president and CEO of Bell’s Brewery going forward and its operations will remain based in Kalamazoo.
Who owns Bell’s brewing?
Bell’s Brewing is owned by the family-run Bell’s Brewery Inc. , which is based in Kalamazoo, Michigan. It is owned and operated by Larry Bell, the founder and president, and his sons, Andrew, John and David Bell.
Bell’s began as a home-brewing supply shop in 1983, and expanded into a microbrewery in 1985. The brewery became Michigan’s first brewpub in 1993, and has continued to grow and expand over the years.
Bell’s currently brews over twelve different styles of beer, and distributes them across most of the United States. They are one of the largest producers of craft beer in the country.
Who makes the beer Fat Tire?
Fat Tire is a classic Belgian-style amber ale that is brewed and bottled by the New Belgium Brewing Company. The brewery, which is located in Fort Collins, Colorado, has been producing Fat Tire since 1989.
Fat Tire was one of New Belgium’s original flagship beers and it is named in homage of the co-founder’s bike trip through Belgium in the late 1980s. It has a sweet malty flavor that is balanced with toffee-like sweetness, fruity yeast notes, and hop bitterness.
It is an amber-colored beer with an ABV (alcohol by volume) of 5.2%, and the company now offers it in other varieties such as a summer ale and a lager. Fat Tire has won federal medals and international awards, including gold medals at both the Great American Beer Festival (GABF) and the World Beer Cup, and it has become an iconic craft beer that is widely available throughout the U. S.
Why is it called Fat Tire?
Fat Tire beer was named after the New Belgium Brewing Company’s founder, Jeff Lebesch, and his mountain biking trip through Belgium. While touring the countryside, Jeff tasted a variety of Belgian beers and was particularly taken with a type of beer called Velowa, which was brewed with sweet Belgian candy sugar.
When he returned home to Colorado, Jeff wanted to recreate the Belgian beer he had tried, and the result was an amber-colored ale of exceptional balance and complexity. He decided to name the beer after his mountain bike trip and called it Fat Tire, a reference to the wide, knobby tires of the mountain bikes he rode on his journey.
The flavor profile of Fat Tire is sweet and malty, with floral and citrus hop notes that provide the perfect balance for the malts. Since its debut in 1991, Fat Tire has become one of the world’s most beloved beers.
What beer does Bosch drink?
Bosch typically drinks a variety of beers depending on his current preferences or where he is located. Some of his go-to beers include local craft beer from his home city of Los Angeles, as well as a variety of German pilsners and ales.
Whenever he’s in a new city, he enjoys checking out the local breweries and sampling some of their unique brews. He also occasionally indulges in a few seasonal favorites or a glass of a well-aged lambic.
No matter what beer he’s drinking, it’s always served cold and enjoyed with good friends.
What kind of beer is a Fat Tire?
Fat Tire Amber Ale is a classic amber ale created by New Belgium Brewing Company in Fort Collins, Colorado. It is an award-winning craft beer that has an aromatic hoppiness and hint of caramelized malts, giving it a smooth, sweet flavor.
The ale is brewed with pale and dark malts, which combine to give a blend of toasted biscuit and light caramel aromas. The aroma is complemented by the sweetness of the malts and mellowed by the hop presence, which provides a signature bitterness that speaks to the style.
The taste is full-bodied and slightly sweet, with the caramel and toasted malts shining through the hop bitterness. It has an ABV of 5.2%, so it is light enough to be refreshing and can be enjoyed on any occasion.
What year did Fat Tire beer come out?
Fat Tire Amber Ale was first brewed in 1991 by New Belgium Brewing Company in Fort Collins, Colorado. Founded in 1991 by married couple Jeff Lebesch and Kim Jordan, New Belgium Brewing Company initially only offered one beer: Fat Tire Amber Ale.
In the early days of its existence, the New Belgium Brewing Company utilized a bicycle messenger to deliver its kegs of beer to local establishments. This is where the iconic bicycle on the label of the beer comes from, as well as where the beer gets its name.
Fat Tire Amber Ale continued to grow in popularity. In 2002, they were included in the Top 50 Breweries in the World list by ratebeer. com and won the Best Beer in America Award at the Great American Beer Festival.
As their beer gained recognition, the company also expanded their brewing operations, including opening a second brewery in Asheville, North Carolina in 2016. Today, Fat Tire Amber Ale is the flagship beer for New Belgium Brewing Company, and it is enjoyed by beer drinkers all over the world.
What does Fat Tire beer taste like?
Fat Tire beer has a well balanced malty sweetness and hoppy flavor. Its flavor is characterized by a slightly sweet biscuit-like maltiness, with notes of caramel apples, toasted malts, and hints of nutty flavor.
The hop flavor and aroma are very subtle, but present a nice floral and citrus character. The bitterness is low to moderate and in balance with the malts. Overall, Fat Tire beer is easy drinking and approachable with a smooth and creamy body.
