Avery Brewing Co. is looking to grow this year.
The iconic Boulder brewery, which has won numerous awards, recently announced an expanded partnership with Spain’s Mahou San Miguel and the Spanish brewery’s other U.S. craft brewery partner, Michigan’s Founders Brewing Co. The deal gives Mahou-Founders a 70 percent stake in Avery.
Mahou in 2017 bought a 30 percent stake in Avery.
Financial terms of the new deal were not disclosed.
“This agreement strengthens the development of Mahou’s business in the United States, a market that is leading the craft revolution and which fits in perfectly with our capacity for innovation and passion for beer culture,” Alberto Rodríguez-Toquero, general manager of Mahou San Miguel, said in a news release.
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Read more at dailycamera.com.
