Samuel Adams maker Boston Beer Co. Inc. (NYSE: SAM) is merging with Delaware-based Dogfish Head Brewery in a $300 million cash and stock transaction. The two companies will combine Boston Beer’s 1,543 employees with Dogfish Head’s 400, and will add 275,000 barrels of brewing to Boston Beer’s 4 million. In 2018, Boston Beer reported around $1 billion in revenue. The merger brings together two of the oldest craft breweries in the country, as well as Boston Beer’s extensive sales and marketing team…
from https://www.bizjournals.com/baltimore/news/2019/05/10/boston-beer-merging-with-dogfish-head-in-300m-deal.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184781190432
No comments:
Post a Comment