Sapporo U.S.A. to acquire Stone Brewing as its moves to speed up global expansion
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11 Articles
Stone Brewing acquired by Japanese Brewery Sapporo For $165 Million
ESCONDIDO (KUSI) – Stone Brewing, San Diego County’s largest brewing company, has been acquired by Japanese beer giant Sapporo’s United States branch, it was announced Friday.The deal is valued at around $165 million with potential for additional payments based on business performance and is expected to close in August.“This is the right next chapter for Stone Brewing,” said Greg Koch, co-founder and executive chairman of Stone Brewing. “For 26 …
Japan's Sapporo Buying Stone Brewing, San Diego's Largest Craft Brewery
Stone and Sapporo beers in brewery. Courtesy photoStone Brewing, San Diego’s largest and best known craft brewery, said Friday it will be acquired by Japan’s Sapporo in move to increase both companies’ production capacity and distribution.The two brewers said the “east-meets-west” merger would combine “Japanese artistry” with “American craft brewing tradition.” The deal is reportedly worth $165 million.Sapporo, founded in 1879, will produce its …
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