In an announcement this morning, Leader-area brewery, Karbach Brewing Company, is the latest U.S. craft brewery to be acquired by Anheuser-BuschInBev for a disclosed amount, The Houston Chronicle is reporting.
“The 5-year-old Karbach will be part of the company’s U.S.-specific High End business unit, joining the likes of Stella Artois and Shock Top; Goose Island, Breckenridge, Elysian and five other craft breweries; a cider company; and a hard seltzer company,” The Chronicle reports. “Ken Goodman and longtime business partner Chuck Robertson, who founded the brewery in a building they formerly used in their beer distributorship on Karbach Street, said existing management and brewers will remain in place and the company will retain much of its independence while also gaining access to the resources that will help it continue to grow.”
Goodman goes on to tell The Chronicle that the financials weren’t that important, but it was the resources that would be readily available to continue their growth.
“Goodman acknowledged he doesn’t know what the reaction would be, but he said he hopes consumers will be as bullish on the move as he and the others and ‘not penalize us.’ Robertson said he has been ‘humbled’ by the reception the beers have gotten in just five years,” The Chronicle writes.
Karbach Brewery was voted The Leader’s best brewery (1st place) for the 2016 Readers’ Choice Awards.