Anheuser-Busch buys Craft Brew Alliance

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929 North Russell Street, 1980, pre-Widmer Brothers. Source. 

And for Portlanders that really only means one thing: Widmer Brothers.

  1. This isn’t a real shocker. It almost happened in August.
  2. The smaller brands in CBA might be dissolved.
  3. Widmer will still sell its popular Hefe.
  4. Our question? What’s going to happen to the physical location on Russell that shuttered as a restaurant then the brew pub?  It’s still listed as administrative  offices for CBA but it could be so much more.

Here’s more from the press release on the sale:

“Today’s announcement represents an exciting next step in a long and successful partnership with Anheuser-Busch, whose support for the growth of our business and brands traces back over 25 years,” said Andy Thomas, CEO of CBA. “By combining our resources, our talented teammates, and dynamic brands, we will look to nurture the growth of CBA’s existing portfolio as we continue investing in innovation to meet the changing needs of today’s beverage consumers, all while delivering certainty of value to our shareholders.”

 

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