Harpoon Brewery has acquired Clown Shoes Beer.
Boston-based Mass Bay Brewing Co., the parent company of Harpoon Brewery, has announced that it has acquired Clown Shoes Beer, an Ipswich, Mass.-based contract brewer.
“All Clown Shoes Employees are moving over to Harpoon,” said Gregg Berman, founder of Clown Shoes, in a statement on the company’s website.
A separate press release stated the two companies would remain independent entities allowing for “an exciting pipeline of new product development for both brands,” including brewing Clown Shoes beer at Harpoon’s facilities.
“The Clown Shoes team shares our passion for brewing excellent beer and their irreverent, boldly-flavored takes on classics have earned them a loyal following,” said Dan Kenary, ceo and co-founder of Mass Bay Brewing Company, in a press release. “We see tremendous potential for growth both regionally and nationally and are excited to work with Gregg and his team to take Clown Shoes even further.”
Clown Shoes was launched in 2009 by Berman. Since then, it has produced over one hundred different beers and currently has sales in 28 states and five different countries. The company is set to produce over 13,000 barrels of beer in 2017.
Founded in 1986, Harpoon Brewery is the 19th largest brewery in the U.S. and became an employee-owned company in 2014.
Financial details of the deal were not released.