A Russian beverage company said this week that it was acquiring the Pabst Brewing Company. The buyer is Oasis Beverages, a Russian brewer and beverages distributor. Backing Oasis is TSG Consumer Partners, an American private equity firm focused on consumer goods, which will take a minority stake.
The Daily Brew
Seminar Brewing is taking the next step in spreading its craft beer to the masses by signing with Comer Distributing Co., a wholesale beer distributor. “We have always wanted to bring our beers to other areas in the state once we determined that we could meet demand in our home market here in Florence,” said Travis Knowles, vice president of Seminar Brewing. “Our contract with Comer allows us to expand in a controlled fashion and test a new market.”
Crux Fermentation Project is about to become more widely available. Columbia Distributing announced a new partnership to distribute Crux’s beers in Oregon and Washington starting in October.
Heading to New Orleans early for NBWA’s 77th Annual Convention? Nora McGunnigle has the scoop on events taking place during the second annual Louisiana Craft Brewer Week, September 22-28.
Bon Appetit magazine lists its picks for the best craft beers from Maine.
A gauge designed to predict the economy's future health rose in August but at a much slower pace than in July. The Conference Board said this week that its index of leading indicators rose 0.2 percent in August, the seventh straight increase. But that was much slower than the revised 1.1 percent gain in July.