Spirit Cruises January 2023 Leaderboard

AB-InBev Looks to the North for Its Latest Acquisition

Oh, Canada.
by Alexander Frane on Oct 13, 2015 in Beer

Labatt Breweries, the Canadian subsidiary of the global beverage company Anheuser Busch-InBev, has purchased the Mill Street Brewery, a craft brewery located in Toronto.

AB-InBev is the largest brewer in the world with a 25% share of the global market. The purchase of the smaller Mill Street Brewery is just the latest in a series of recent acquisitions. The company purchased Elysian Brewery in Seattle, WA, at the beginning of 2015 in a move that saw considerable criticism and led to the resignation of founder Dick Cantwell only three months later. Cantwell had been with the company for twenty years before resigning. A few months earlier, in November 2014, the sale of Bend, Oregon’s 10 Barrel to AB-InBev received similar sentiments.

Now, InBev, through its subsidiary Labatt, has turned its sights on Canada, purchasing Mill Street Brewery. Mill Street was founded in 2002 and brews the largest amount of organic beers in Canada, including their flagship beer, the Original Organic Lager, among 70 other styles of beers. Labatt plans on investing $10 million in Mill Street in order to increase production and distribution. “Our partnership and investment will accelerate its growth in one of the most dynamic beer segments, while fully preserving Mill Street’s creative character and pioneering spirit,” Labatt president Jan Craps said in a statement.

Craps’ statement echoes the proposed intentions of AB-InBev’s acquisitions--the goal, they say, is to maintain the quality of the smaller breweries while helping them with production and distribution. Critics, however, warn that the consolidation of once independent breweries under the ownership of a single entity will stifle the very creativity that defines the craft brew scene. Still, for every brewery that is bought up by a larger organization, many more spring up. 

Photo via Mill Street Brewery


Tags: Beer
Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
Rittenhouse Goes Car-Free Every Sunday in September: Here are the Best Bars to Hit

Rittenhouse Goes Car-Free Every Sunday in September: Here are the Best Bars to Hit

Center City District will close the streets allowing pedestrians to enjoy outdoor seating, music, and activiti...read more ›

by Michelle Cryder Sep 6, 2024
Best Cocktail Bars at the Jersey Shore

Best Cocktail Bars at the Jersey Shore

We've rounded up all of the must-stop spots for sipping spirits by the beach, whether your vibe is dark and sexy or vibrant and divey....read more ›

by Drink Philly Aug 26, 2024
SPONSORED
Drink Nation Store Rectangle
The Drink Nation Presents: The Home Bar Project

The Drink Nation Presents: The Home Bar Project

Have you ever dreamed of having an amazing home bar, filled with bottles you actually use and the tools you need to execute a fine crafted cocktail? E...read more ›

by The Drink Nation Nov 14, 2014
Behind the Bar: Jillian Moore of My Loup

Behind the Bar: Jillian Moore of My Loup

This time on Behind the Bar, we interview bartender and bar manager Jillian Moore of My Loup. We chat with her about her cocktail menu, the effects of...read more ›

by Drink Philly May 13, 2024
Oltremare: Inside Look at their Amalfi Coast Inspired Cocktails

Oltremare: Inside Look at their Amalfi Coast Inspired Cocktails

Oltremare is the newest endeavor by Chef Townsend Wentz, located at 2121 Walnut Street, near Rittenhouse Square...read more ›

by Drink Philly Apr 22, 2024
Best Bars for Outdoor Drinking in Philadelphia, 2024

Best Bars for Outdoor Drinking in Philadelphia, 2024

We've got your definitive list of where to drink outside in Philadelphia...read more ›

by Drink Philly Apr 9, 2024
Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling is transforming their fourth floor space into a secret garden to celebrate Earth Day, ...read more ›

by Drink Philly Apr 9, 2024
Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Last year, Dizengoff and Abe Fisher decided to join forces and embark on an exciting new chapter. After closin...read more ›

by Drink Philly Mar 5, 2024
Behind the Bar: Tom Foy of Butcher Bar

Behind the Bar: Tom Foy of Butcher Bar

In this installment of Behind the Bar, we sit down with bartender Tom Foy of Butcher Bar...read more ›

by Drink Philly Feb 19, 2024
SPONSORED
Spirit Cruises January 2023 Desktop Bottom Rectangle 2
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close