CHICAGO — MillerCoors continues to make moves in craft beer, announcing Friday it reached an agreement to take a majority stake in the Eugene, Ore.-based Hop Valley Brewing Co.
This comes just about a week after Chicago-based MillerCoors said it was taking a majority interest in Athens, Ga.-based Terrapin Beer Co. — another craft brewery with a reputation for India pale ales, or IPAs. Hop Valley is known for beers such as Alphadelic, Citrus Mistress and Alpha Centauri, according to the MillerCoors news release Friday. Terms of the deal were not disclosed.
Hop Valley will join Tenth and Blake Beer Co., MillerCoors’ craft and imports division, and will continue to operate independently under the same management team, the release said.
