Tenth and Blake Beer Company, the craft and import division of MillerCoors, has agreed to acquire a majority interest in Texas-based Revolver Brewing.
The beer maker is highly regarded in the Texas craft beer community for its flagship brand Blood & Honey, a uniquely approachable craft beer that has quickly become one of the leading craft brands in the Dallas-Fort Worth market, Tenth and Blake said.
“We are excited to be joining the Tenth and Blake family, which shares our commitment to brewing great craft beer,” said Rhett Keisler, Revolver Brewing co-founder and president. “This partnership will allow us to maintain our brewery and operations in Granbury, while providing us with the additional resources to invest in and accelerate the growth of the Revolver brand in Texas.”
Revolver Brewing was founded in 2012 by father-and-son team Ron and Rhett Keisler, along with seasoned master brewer and cicerone Grant Wood.
It will operate as a separate business unit of Tenth and Blake. Revolver’s management and employees will continue to create, brew, package, market and sell Revolver’s portfolio of brands.
“We have tremendous respect for the quality and innovation that Revolver Brewing has brought to the Texas craft community and are thrilled to have such a terrific team and portfolio join Tenth and Blake,” said Scott Whitley, president and CEO of Tenth and Blake Beer Company. “Our main priority will be to work with the Revolver team to support its continued success and make sure its beer is enjoyed by even more consumers in Texas.”
Revolver Brewing joins other leading crafts in the Tenth and Blake portfolio, including Hop Valley Brewing Company, in which the MillerCoors business acquired a majority stake earlier this month.
The deal for Revolver Brewing is expected to be completed in the third quarter of 2016.
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