Legacy Breweries has acquired both Aspen Brewing Co. in Aspen, Colo. and Portland, Ore.-based Laurelwood Brewing Co.
According to a press release sent to Tenemu, the deal will included all of the assets for Aspen Brewing including the overall brand, the brewery’s production facilities and the brewery’s pub located in downtown Aspen. However, while almost all of the assets for Laurelwood Brewing will be included in the acquisition, the Laurelwood Brewpub will continue to operate under the original ownership of Mike De Kalb and Cathy Woo-De Kalb under license from Legacy Breweries.
“When we saw Aspen’s unique position in the Colorado market, we instantly knew we wanted to be involved with their future,” said Don Bryant, ceo of Legacy Breweries, in a press release. “They have a long tradition of local support and great beers. The brewery has a strong history of philanthropy in the Colorado Rockies region, which aligns with Legacy’s values.”
Legacy Breweries, led by Bryant, who is the former ceo of hop supplier Yakima Chief, purchased a majority stake in Ninkasi Brewing Co. back in April which was followed by the news that Ninkasi formed a distribution partnership with Eugene, Ore.-based Alesong Brewing & Blending last month.
Following the acquisition, both Aspen Brewing and Laurelwood Brewing will continue to produce beer as independent craft breweries under each of their brand names.