Over the past several months, 15 notable deals have taken place in the craft beer space, continuing a trend toward consolidation in the industry. While the terms of most transactions remain undisclosed, the deals generally fall into three buckets:

1. Strategic deals designed to combine leading brands and brewers and leverage distribution capacity;
2. Targeted asset acquisitions designed primarily to expand brewing capacity; and
3. Restructuring transactions.

McDermott’s Marc Sorini, Thomas Conaghan and Daniel McGuire walk through notable strategic deals, asset/capacity purchases and restructurings.

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Originally published in The New Brewer, November/December 2019.