Boston Beer Company, which makes Sam Adams beer, is acquiring Dogfish Head, a Delaware craft brewery.
"Not only are Dogfish Head and Boston Beer two original American breweries, but Jim Koch and I worked hard with other leading craft brewery founders and the Brewers Association to develop and champion what defines independent American brewers," the Dogfish Head founder Sam Calagione said in a statement on Thursday, referring to the Boston Beer founder and chairman. "This merger better positions Dogfish Head and our coworkers to continue growing within this definition for many years to come."
Calagione added that he and his wife, Mariah, would be "reinvesting nearly all of the proceeds back into the combined entity," as well as establishing a philanthropic foundation with a portion of their newly acquired Boston Beer stock.
More
Dogfish has sold out to corporate America. I will now look elsewhere. Massachusetts is not a friendly state to Maryland.
ReplyDeleteEspecially the eastern shore. They can keep their arrogance and their liberal Yankee ideas where they belong in New England!
Oh no what ever will they do now?
DeleteMe too $$$$$$
DeleteNever yet met a beer with an attitude north or south. I tossed the last Dogshead I bough in the trash though.
ReplyDeleteHow does SA even survive in that anti business state.
ReplyDeleteWith the exception of a few small craft beer makers, all the beer in the world is produced by 5 companies.
ReplyDeleteChina Resource Snow Breweries Ltd
Carlsberg Group
Heineken International
SABMiller
Anheuser-Busch InBev
Bull
DeleteHave you tried the googler machine
DeleteWhat did Calagione get for it??
ReplyDelete$300 million 406,000 shares of Sam Adams stock worth $150 million and a seat on board
Delete300 million says the article. Good beer is good beer, don't let politics get in your way. Nobody else will.
DeleteDOGFISH A LOCAL RIPOFF BEER.
ReplyDeleteKeep the brewmasters, keep the brews, keep the quality, don't let advertising and prices get stupid and all will be well.
ReplyDeleteDogfish didn't merge. They were bought. There's sellers and buyers.
ReplyDeleteFolks, stop making these guys rich. You can brew great beer at home for a lot less money. Amazon has diy kits and all the accessories imaginable. It's fun as well.
ReplyDeleteDouble Bull
ReplyDeleteThere is a place on NorthWood drive in Salisbury that you can get the stuff to make your own beer and wine. win win.
ReplyDeleteEvo Lot #3 is the best anyway
ReplyDeleteI think it’s fantastic that these two companies got together. Two massive icons in Jim and Sam.
ReplyDeleteThis is a great thing. America is the land of opportunity. Nobody ‘sold out to corporate America’.
Cheers!