The world’s largest brewery is growing again, as Anheuser-Busch InBev has agreed to purchase 10 Barrel Brewing Company.
“For the past eight years, we’ve been brewing beer, drinking beer and having fun doing it,” said co-founder Jeremy Cox. “We are excited to stay focused on brewing cool beers, get our beers in more hands, and make the most of the operational and distribution expertise of Anheuser-Busch.”
According to a press release, Cox will continue to lead 10 Barrel along with his partners, co-founder and brother Chris Cox, and Garrett Wales. Terms of the deal were not disclosed, but the sale will also include 10 Barrel’s two existing brewpubs located in Boise, Idaho and Bend, Ore. along with another location in Portland, Ore. that is scheduled to open in early 2015. The brewery is located in Bend.
“10 Barrel, its brewers, and their high-quality beers are an exciting addition to our high-end portfolio,” said Andy Goeler, ceo of Anheuser-Busch. “The brewery is a major contender in the Northwest, an area with a large number of craft breweries. We see tremendous value in the brewery’s unique offerings and differentiated style, which 10 Barrel fans know and love.”
Apocalypse IPA accounts for almost half of the 40,000 barrels the company expects to sell this year. Its beers are distributed in Oregon, Idaho and Washington