The biggest drinks acquisitions of 2019
Boston Beer Co. acquires Dogfish Head Brewing for US$300m
In May, Boston Beer Co, which produces Sam Adams, agreed to buy Dogfish Head Brewery in a deal which sees two of the country’s pioneering craft breweries join forces.
The acquisition, which is estimated to be worth $300 million, was the largest in Boston Beer’s history.
Boston Beer has also put forward $173 million to buy back a stake in the Delaware brewery currently owned by private equity firm LNK Partners.
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