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I am generally sanguine about the creative destruction in the beer industry that leads to acquisitions and buy-outs–but this sent a pang through my heart: Anheuser-Busch InBev reportedly has agreed to buy Belgian brewer Bosteels, maker of Tripel Karmeliet, Kwak and other specialty beers. A-B InBev, also based in Belgium, agreed to buy Bosteels from the family that founded the brewery over 200 years ago, according to TheStreet. Financial terms weren’t disclosed but Belgian news sources estimate the deal’s value at 200 million euros ($225.4 million), according to the report. Antoine Bosteels will continue to run the brewery as part of A-B InBev’s craft and specialty division. It wasn’t surprising. A week ago, reports surfaced that Heineken and Duvel Moortgat were also in the hunt. The brewery makes three pretty impressive beers, and represented a prize to any brewery. Tripel Karmeliet sells very well and has a (largely bogus) connection to an old Carmelite monastery that Bosteels has … |
Source: Beervana
Read the full article here.
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