Northern California’s Anderson Valley Brewing Company (AVBC) has been acquired by the McGee family, owner of Healdsburg Beer Company.
Founded in 1987, according to the company AVBC is one of the of the 75 largest craft breweries in the US and is distributed in over 30 states. The brewer is known for its flagship product Boont Amber Ale, barrel aged beers as well as its goses, a warm fermented beer that originated in Goslar, Germany.
Current owner of AVBC Trey White said: “We are proud of what the brewery employees built, and the McGee family shares our passion for the brand, the beer, and the ethos. We believe we’ve found an outstanding steward to lead the company forward.”
Following the deal, business executive and family member Kevin McGee will be appointed as the new president and CEO of the company. Meanwhile, all employees are expected to be retained.
Since 2007, McGee entered the craft beer industry by turning his garage into a licenced brewery called the Healdsburg Beer Company (HBC), where he has produced award-winning beers, golden ale, English-style IPA and porter.
“Anderson Valley Brewing Company is a very special place. For over three decades the brewery and the people there have consistently produced world-class beer and my family and I are very excited to be a part of its future,” said Kevin McGee.
McGee added: “The pioneering and innovative spirit is a critical part of what makes Anderson so special, and we’ll focus on amplifying that spirit rather than changing anything.
“There’s a nearly limitless appreciation for delicious beer, and despite huge growth in the craft category it still only represents 14% of the overall beer market. With its tremendous product and culture, Anderson Valley and small independent breweries like it are very well positioned now and moving forward.”
The transaction is scheduled to close on December 13th. Financial details of the deal were not disclosed.
© FoodBev Media Ltd 2019