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Anheuser-Busch acquires Four Peaks Brewing Company

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By Rachel Arthur+

21-Dec-2015
Last updated on 21-Dec-2015 at 15:47 GMT2015-12-21T15:47:14Z

Anheuser-Busch continues its craft beer buys. Stock picture: iStock/Maksymowicz
Anheuser-Busch continues its craft beer buys. Stock picture: iStock/Maksymowicz

Anheuser-Busch is buying Arizona's Four Peaks Brewing Company, the sixth addition to its craft beer business unit.

Kilt Lifter. Pic: Flickr / Alan Levine

Four Peaks joins Goose Island Beer Company, Blue Point Brewing Company, 10 Barrel Brewing, Elysian Brewing Company and Golden Road Brewing (which was bought just three months ago ). 

The craft brewers are part of The High End, Anheuser-Busch’s business unit for craft and import brands.

Staying in Arizona

Based in Tempe, Arizona, Four Peaks was launched in 1996 and distributes its brands across the state. 

It expects to sell 70,000 barrels of beer this year, with its flagship product Kilt Lifter (a Scottish-style ale) making up more than 60% of sales. It also brews Pumpkin Porter, which grew more than 150% last year. 

The brewer has been quick to assure fans on twitter that it will keep brewing in Arizona and that it’s ‘business as usual - making great beer.’

Four Peak’s co-founders said the deal will allow the brewery to build on its success and expand its footprint. 

"We look forward to more opportunities to share what Four Peaks is about within our local community, and beyond," said Randy Schultz, co-founder.

The acquisition is expected to close during the first quarter of 2016, with financial details not disclosed. 

Four Peaks is a local brewery and restaurant, which pledges to serve ‘high quality beer, food and service in a community atmosphere.’ The deal includes the brewer’s three main locations: the 8th Street Brewery & Pub in Tempe (its first brewpub), the Wilson Street Brewery & Tasting Room (also in Tempe) and the Grill & Tap in Scottsdale; as well as continuing the partnership at the Sky Harbor Airport facility.

1 comment (Comments are now closed)

poor business choice

Sadly you don't hold high standards and values about your community if you sell out. Keeping your brand the same since 1996 and your growth should be satisfying results but your idea of needing help from AB to increase your footprint doesn't align. Sad news for craft beer lovers!

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Posted by Rusty Byers
23 December 2015 | 18h332015-12-23T18:33:32Z

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