<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Friday,  May 3 , 2024

Linkedin Pinterest
News / Business / Business Briefs

Anheuser-Busch buying Elysian Brewing Co.

The Columbian
Published: January 23, 2015, 4:00pm

SEATTLE — Anheuser-Busch says it is buying Seattle-based craft brewer Elysian Brewing Co. for an undisclosed sum.

It is the latest in a string of craft brewery acquisitions by Anheuser-Busch as it tries to counter soft sales of its own brands, such as Budweiser.

Anheuser-Busch and Elysian announced the deal Friday and said it will bring the brewer’s popular beers — most notably Immortal IPA — to a larger audience. The deal includes Elysian’s brewery business and its four Seattle brewpubs. It is expected to close by the end of the first quarter.

Anheuser-Busch is the U.S. arm of Anheuser-Busch InBev SA, which is based in Belgium and is the world’s largest brewer.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...