Archived. It furthermore diversified its business by purchasing Solán de Cabras in 2011. April 4, 2019. Facing declining sales and a desire to more quickly pay off debt incurred while building a new production facility in 2014, Avery Brewing Company announced this week it would sell a 40% stake in the business. In 2014, Grand Rapids, Michigan-based Founders Brewing sold a 30% stake in the company to Spanish brewery Mahou-San Miguel Group. After purchasing a 30 percent stake in Founders Brewing Co. back in 2014, Mahou San Miguel is increasing its ownership to 90 percent of the Grand Rapids-based brewery. Selected projects will receive 35,000€ of Mahou is a 125-year-old seventh-generation-family-owned brewery based in Madrid, and they are coming on as a minority investor in Founders. In December 2014, Founders announced that Spanish brewing company Mahou San Miguel had purchased a 30% minority stake in the business. Founders produced 563,700 barrels of beer last year, and along with Mahou San Miguel purchased 70% of Boulder, Colo.-based Avery Brewing. According to MiBiz.com, papers have been filed documents with the Michigan Liquor Control Board, indicating Spain’s Best Beer Company, an affiliate of Mahou San Miguel would be assuming 90% ownership of Founders Brewing. (GRAND RAPIDS, MI) – Founders Brewing Co. has announced a partnership with Mahou San Miguel, who is coming on as a minority investor with 30% ownership in the brewery. GRAND RAPIDS - Founders Brewing Co. has partnered with its Spanish investors to acquire a majority stake in a Colorado-based craft brewery. GRAND RAPIDS, Mich., December 17, 2014 – Founders Brewing Co. has announced a partnership with Mahou San Miguel, who is coming on as a minority investor with 30% ownership in the brewery. Brewery Vivant. 35. Mahou San Miguel to aquire 90% stake of Founders. This was flanked by an equally savvy 30-per-cent stake in Founders Brewing Co, the Grand Rapids, Michigan-based maker of such popular brews as All Day IPA and Breakfast Stout. In 2004 it added the Reina brand from the Canary Islands to its portfolio, followed in 2007 by Cervezas Alhambra. But a look at its current lineup—which includes a Radler, Wheat, and a Bock, aptly named Doble Lúpulo for its "double hops joviality and elegance"—makes it clear things are changing. Following last week’s news that Spanish brewer Mahou San Miguel had agreed to acquire a controlling stake in Michigan’s Founders Brewing Company, co-founder Mike Stevens told Brewbound that his goal of building “America’s next great brewery” remains unchanged.. Mahou-San Miguel. Suurpanimona tässä yhtälössä on Mahou-San Miguel ja craft-maailmaa edustaa Founders Brewing. Mahou San Miguel -- Spain’s leading beer and beverages company – will launch the first edition of Barlab Mahou San Miguel in May 2016. In its statement Founders detailed that as things stand now Mahou has no plans to buy out the company or to brew Mahou’s brands in Michigan. This move has allowed Mahou San Miguel to tap into the exciting world-wide potential of craft beer. The Mahou San Miguel group initially acquired a 30% stake in Michigan-based Founders in 2014. Founders Brewing Co. is selling a majority stake in the business to the brewery’s Spain-based minority shareholder, MiBiz has learned. Today’s news, though, is making waves: MiBiz reports Founders’ two cofounders have sold 90% of the company to Mahou-San Miguel Group, each retaining just a 5% stake. Interestingly, Mahou has taken a serious interest in the U.S. craft beer scene. What began as a minority 30% ownership agreement announced in December 2014, has been expanded to majority ownership of 90% of the company with Founders Brewing co-founders Dave Engbers and Mike Stevens each retaining a 5 … The latest deal comes as Founders Brewing approaches the five-year anniversary of its initial deal with Mahou-San Miguel in 2014 that gave the Spain-based brewing conglomerate a minority state in the company. After several years of minority ownership, Spanish brewing company Mahou San Miguel is making things official and buying out Founders Brewing Company.The Grand Rapids-based brewery — the largest in the state — has filed paperwork with the Michigan Liquor Control Commission indicating that Mahou subsidiary Spain’s Best Beer Inc. will soon own a 90 percent stake in the company, MiBiz … Now, Mahou San Miguel is upping that equity stake to 90%. Internationalization is one of Mahou’s strategic cornerstones for development of its business. We are honored to announce that Mahou San Miguel (Mahou), Spain’s most prominent and oldest brewer, will be our new partner. Founders, which was established in 1997, is now … Mahou San Miguel ups Founders Brewing Co stake to 90% Andy Morton | 4 September 2019 To read this article and more, including our archive of drinks industry news, analysis & comment pieces from the last 20 years, try just-drinks for 30 days for just $1 The partnership will help Founders grow through Mahou’s international distribution network to access the emerging craft beer community around the world. Is a 125-year-old seventh-generation-family-owned brewery based in Madrid, and they are coming on as a minority investor Founders. Of Mahou’s strategic cornerstones for development of its business by purchasing Solán de in. In its latest press release oldest brewer Founders Buy 40 % stake of Founders Mahou’s strategic cornerstones for of. 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