Two years after acquiring a 51-percent stake in Virtue Cider, an entity tied to global brewing conglomerate Anheuser Busch LLC has acquired the remainder of the company.
With more than 5,300 craft brewers already on the market, and many more scheduled to open in the near future, the craft brewing industry has started to mature.
As New Holland Brewing Co. LLC ramps up a major expansion into the Grand Rapids market that’s expected to open next month, President and co-founder Brett Vanderkamp has plenty to keep his mind occupied.
If ever there was a sign that the craft beer business has matured, it’s that the money has finally showed up and taken an interest in the industry.
Despite a long career in the beer distribution business, Keith Klopcic lacked expertise in making the beverages he sold to bars and retailers around the state of Michigan. So when the opportunity arose to buy Comstock Park-based Perrin Brewing Co. last year, he tapped a partner with extensive craft brewing resources who had the know-how to help him continue scaling up the business.