Official TBS Blog
Monday, December 14th, 2009 posted by Nucular George
Comments
beastiefan2k on Monday, December 14th, 2009
What? Since when did AB take over ownership of GI? I thought they just entered into a distro contract.
Nucular George on Monday, December 14th, 2009
As far as I knew they had invested in part of GI, then bought the rest in 2008 I think. That's what I was told anyway. Not by GI officially obviously, so take that for what it is. I might be wrong, obviously.
Nucular George on Monday, December 14th, 2009
OK, so I did the looking up I should have done before. Widmer Bros bought a large stake in 2006. Widmer was part owned by AB. Widmer merged with Redhook to form Craft Brewer's Alliance. AB still owns a stake in that company, and hence GI. That's what I
Nucular George on Monday, December 14th, 2009
Change made to properly reflect the ownership. Thanks, beastie...
beastiefan2k on Tuesday, December 15th, 2009
As far as I remember originally AB was also in just a distro deal with Widmer and Redhook. However, those companies needed to meet certain numbers or lose part of the company. Little by little AB took over and then combined them under CBA. The fear was
Nucular George on Tuesday, December 15th, 2009
Bottom line is that AB owns at least 25% of CBA now. And "they" own 40% of Goose Island. And AB has the distribution for GI. I honestly don't know the details. But HOOK is publicly traded so we could find out some of the math.
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